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OPENAI CASH BURN 2030
AI apocalypse by 2030? Nvidia CEO Jensen Huang says ‘zero percent chance’Nvidia CEO Jensen Huang has dismissed fears that artificial intelligence could trigger an extinction-level event, saying there is “zero per...- OpenAI forecasts cash burn near $280 billion by 2030: ReportThe projection highlights OpenAI's funding needs as it seeks fresh investment, with the FT reporting earlier this week that the ChatGPT mak...
- Anthropic considers releasing new AI model ahead of IPO, sources sayAnthropic is considering rolling out a new AI model to counter OpenAI's momentum since its launch of GPT-6 Astra, according to three source...
- SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
- AI doomsday warnings unlikely to slow IPOs but questions lingerAnthropic is expected to beat rival OpenAI to the public markets with a blockbuster IPO later this year despite recent doomsday warnings, b...
- OpenAI, Microsoft executives' quotes on AI training threaten copyright defense, news outlets argueOpenAI and its largest financial backer, Microsoft, have argued in the Manhattan federal court case that their AI training on millions of n...
- OpenAI reveals six new cases of AI misbehavior, vows transparencyUS artificial intelligence giant OpenAI promised Wednesday to more systemically report instances of its models going off track, while also ...
- OpenAI's rogue agents probed Hugging Face for weaknesses two months before major hackThe newly uncovered malicious activity showed that the rogue agents' efforts to find a way into Hugging Face began earlier than publicly kn...
- SoftBank CDS hovers near 3-year high on OpenAI funding concernsSoftBank has committed to invest $64.6 billion in OpenAI. The ChatGPT creator is holding early talks with investors about a fresh funding r...
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPOOpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to ...
- OpenAI is working with Anthropic, Google on AI safety: Bloomberg NewsGlobal concerns about AI's existential risks have risen after the heads of America's leading AI labs came together in a show of unity over ...
- What Amodei, Altman and Musk have said about AI risks, stoking 'doom' fearsTech leaders like Amodei, Altman, and Musk are raising alarms about AI's potential dangers, fueling widespread 'doom' fears. Their public s...
- Musk's X Corp and SpaceXAI resolve antitrust lawsuit against AppleIn a court filing, X and SpaceXAI, a division of SpaceX, moved to dismiss the claims in a lawsuit they brought against Apple and OpenAI l...
- Will Wall Street crash today? Nasdaq futures tumble nearly 2% as AI stocks plungeNasdaq futures fell as OpenAI and Anthropic leaders urged slower AI development for safety. Investor Michael Burry criticized these warning...
- SoftBank shares slide 13% after AI chiefs sound alarm on safetyThe company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such a...
- SoftBank gets upsized $11.9 billion loan in OpenAI funding pushThe latest borrowing would add to SoftBank’s wave of recent debt financing activities tied to its bet on OpenAI. That includes a $10 billio...
- OpenAI agents attacked RubyGems before Hugging Face incident, researchers sayMany incidents where AI agents from developers such as OpenAI and rival Anthropic have hacked or attempted to access external systems hav...
- OpenAI pushes for mandatory national AI safety rulesThe call marks a major push by OpenAI for binding national AI safety rules with Congress yet to enact a federal framework on AI law even as...
- Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
- Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
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