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AI Update: SoftBank Finalizes Investment in OpenAI Today

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Today in AI | Over a lakh jobs lost due to AI

Stay informed on the latest developments in Artificial Intelligence with Storyboard18’s top news highlights. Elon Musk’s xAI has acquired a third building, aiming to boost its AI training capability to nearly 2 gigawatts of compute power. Meanwhile, Microsoft CEO Satya Nadella warns of a “model overhang risk” in 2026, as AI technology advances rapidly beyond real-world applications. In an optimistic forecast, India’s push for AI innovation could contribute $1.7 trillion to its economy by 2035, driven by strong public investment and the IndiaAI Mission. Additionally, SoftBank Group has made headlines by completing a $41 billion investment in OpenAI, securing an 11% stake in the ChatGPT creator. These pivotal movements in AI reflect a dynamic landscape poised for significant growth and integration into various sectors, underscoring the importance of staying updated on AI trends and advancements.

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