Tag:
SoftBank
AI
OpenAI Poised to Become the World’s Most Valuable Private Company
OpenAI, led by CEO Sam Altman, is experiencing a surge in its market value, currently estimated at around $500 billion, potentially positioning it as...
AI
OpenAI’s ChatGPT Surges to 700 Million Weekly Users, Growing Fourfold in Just One Year
OpenAI's ChatGPT is projected to hit 700 million weekly active users, marking a significant fourfold increase from last year. This figure encompasses all ChatGPT...
AI
OpenAI’s ChatGPT Soars to 700 Million Weekly Users as Revenue Reaches $13 Billion
OpenAI has announced a significant milestone for its ChatGPT service, reaching 700 million weekly active users, quadrupling its user base from last year. This...
AI
OpenAI Secures $8.3 Billion in Preparation for IPO
OpenAI has successfully raised $8.3 billion from a diverse group of venture capitalists and private equity firms eager to capitalize on the AI boom,...
AI
Elon Musk Expresses Concerns Over Stargate AI’s Funding Challenges
On Tuesday, key AI chip manufacturers, including Nvidia, AMD, Broadcom, and Qualcomm, experienced a decline in stock prices. This drop follows reports of escalating...
AI
OpenAI Seeks Funding Amid Rapid Cash Burn
OpenAI is facing financial pressures despite raising over $60 billion in venture capital, including a monumental $40 billion funding round led by SoftBank. Currently...
AI
OpenAI and Oracle Accelerate AI Competition with Ambitious 4.5 GW Data Center Initiative
In April 2025, OpenAI, SoftBank, and Oracle launched construction on the Project Stargate AI infrastructure site in Abilene, Texas. This collaboration aims to develop...
AI
SoftBank and OpenAI’s Stargate Project Targets Small Data Center Completion by Year-End, Reports WSJ
The Stargate Project, a collaborative initiative between OpenAI, SoftBank, and Oracle aimed at bolstering U.S. AI capabilities, has shifted focus towards establishing a smaller...