OpenAI, the leading Artificial intelligence company, on Friday announced that it will end its partnership with Cursor. This development followed SpaceX acquisition of the AI-coding agent, signaling further escalation of the bitter rivalry between OpenAI CEO Sam Altman and SpaceX founder Elon Musk. The ChatGPT maker blamed trust issues for winding down their contract and … Read more
Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to bolster computing capacity to meet growing demand for chatbot Claude and scale its products. The new valuation after the series H funding round puts Anthropic ahead of OpenAI, last valued at $852 billion post-money in … Read more
Elon Musk wants OpenAI Inc. and Microsoft to pay him damages in the range of $79 billion to $134 billion over his claims that the generative AI company defrauded him by abandoning its nonprofit roots and partnering with the software giant. Musk’s lawyer detailed the damages request in a court filing Friday, a day after … Read more
Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial intelligence investments, particularly in OpenAI, the company said on Tuesday, AP reported. The tech conglomerate also reported that its profit nearly tripled in the first half of the current fiscal year, driven by strong … Read more
Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares jumped. The ChatGPT maker will pay Amazon Web Services for access to hundreds of thousands of Nvidia Corp. graphics processing units as part of a seven-year deal, the companies announced on Monday. … Read more
OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with the matter told Reuters on Thursday (October 2, 2025). This represents a bump-up from its current valuation of $300 billion, underscoring OpenAI’s rapid … Read more
Nvidia will invest $100 billion in OpenAI to support the development of new data centers and other infrastructure needed to power the next generation of AI models from the ChatGPT maker. The two companies have signed a letter of intent to deploy at least 10 gigawatts of Nvidia systems for training and running the next … Read more
Microsoft and OpenAI are reportedly planning a massive data-centre project that could cost up to $100 billion, including the development of an artificial intelligence supercomputer called “Stargate,” according to a report by The Information. The project is said to be financed by Microsoft. The proposed efforts, as per the source who has seen the initial … Read more
The New York Times (NYT) is suing OpenAI and Microsoft, alleging that the company’s AI text generators ChatGPT and Copilot infringe on the newspaper’s copyrights. NYT claims that both ChatGPT and Copilot were trained on a massive dataset that included copyrighted New York Times articles. This, the Times argues, constitutes a clear violation of its … Read more