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AI
Gene Munster Claims OpenAI Remains ‘Undervalued’ at $830 Billion Amidst Growing Losses and Big Tech Investments: The Astonishing Reality of AI’s Potential – Featuring...
Deepwater Asset Management's Gene Munster argues that OpenAI's rumored $830 billion valuation may still underestimate its long-term potential due to its explosive growth and...
AI
SoftBank Seeks $22.5 Billion for OpenAI by Year-End, Considering Arm Stake to Support Debt Amid Rising AI Investment Demands: Report – ARM Holdings (NASDAQ:ARM),...
SoftBank Group is aggressively pursuing $22.5 billion in funding for OpenAI by year-end, driven by the rising costs in artificial intelligence (AI). The company...
AI
Meta’s WhatsApp AI Tool May Trigger EU Antitrust Investigation, Report Suggests – Implications for Alphabet and Amazon
The European Union (EU) is set to initiate an antitrust investigation into Meta Platforms Inc. (NASDAQ:META) concerning the launch of its "Meta AI" assistant...
AI
Yale Expert Highlights Antitrust Issues Surrounding OpenAI, SoftBank, and Oracle’s $500 Billion Stargate Initiative: Report
A Yale Law School researcher has raised concerns regarding antitrust issues linked to the Stargate Project, a $500 billion AI infrastructure initiative involving OpenAI,...
AI
Sundar Pichai Unveils Gemini 3: Google’s Premier AI Model Promising Enhanced Utility with Minimal Prompts – Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)
On Tuesday, Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai launched Google Gemini 3, heralded as the company's most advanced AI system, designed to rival OpenAI's...
AI
Sam Altman’s OpenAI Explores AI Cloud Services and Direct Compute Capacity Sales Amidst Amazon (NASDAQ:AMZN) Competition
OpenAI, led by CEO Sam Altman, is exploring a strategic shift to offer compute capacity directly to businesses and individuals, positioning itself against tech...
AI
Satya Nadella on Bill Gates’ Caution Against OpenAI: Altman Credits Microsoft’s Early Vision for Success
On Friday, OpenAI CEO Sam Altman commended Microsoft and CEO Satya Nadella for their pivotal early investment in the AI sector, attributing OpenAI's transformation...
AI
Microsoft’s AI Chief Raises Concerns Over ChatGPT’s Adult Content Amidst $13 Billion Investment in OpenAI
In a strategic move highlighting its commitment to ethical AI, Microsoft Corp. (NASDAQ: MSFT) has opted not to develop "simulated erotica" for its chatbot,...