OpenAI is in early talks to raise up to $40B that would value the generative artificial intelligence startup at $340B, The Wall Street Journal reported. SoftBank (OTCPK:SFTBY), which may invest between $15B and $25B into OpenAI into the company,
Robinhood CEO and co-founder Vladimir Tenev made a case for the tokenization of private stocks on Tuesday, encouraging policymakers to explore the untapped potential of blockchains in the U.S. capital markets.
A publicly traded fund promising individual investors exposure to high-flying, private startups like OpenAI and SpaceX has seen its shares plunge over 10% this week after a surprise advancement from Chinese AI company [DeepSeek sent the U.
Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.
OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things."
Elon Musk “very much” overstepped his bounds when he criticized a $500 billion artificial intelligence project touted by President Donald Trump, according to a White House official as aides are reportedly “furious” with the tech mogul while allies lament that he “abused the proximity to the president.”
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The Stargate AI project is shaping up to be one of the biggest AI investments in history, but it faces strong scrutiny from critics like Elon Musk. Meanwhile, Microsoft and OpenAI remain confident in their ability to fund and develop the project successfully.
WIth one foot out the White House door, the Biden administration issued 2 documents Musk is now using in his battle to break up OpenAI and Microsoft.
President Donald Trump on Tuesday announced Stargate, a new entity that plans to invest $500 billion in artificial intelligence infrastructure with the goal of making advancements in industries like health care and positioning the U.S. as the leader in AI.
Elon Musk’s criticism of an artificial intelligence (AI) infrastructure project backed by President Trump is presenting an early test of how the SpaceX CEO will balance his personal conflicts in
The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.