AI firm Anthropic is planning to lease and manage its own data centers. The company is seeking financial backing from Alphabet's Google for...

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...

A Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter'...

The fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...

The ChatGPT-maker confidentially filed for an IPO earlier this week after archrival Anthropic did the same last week. OpenAI CEO Sam Altman...

The company said its efforts, dating to late 2025 and early 2026, appeared to have had little or no effect, but it is another indication of...

Oracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ⁠ma...

OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...

OpenAI is in negotiations to lease a proposed 10-gigawatt ⁠data center ⁠campus on federal land in Ohio, in a deal ⁠that could include finan...

Apollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...

OpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 bil...

AI firm Perplexity plans to go public in 2028, irrespective of how Anthropic and OpenAI's IPOs perform. CEO Aravind Srinivas stated the 202...

AI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...

OpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...

SpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the co...

While the planning is ongoing and details are in flux, discussions have centered on having the firms voluntarily cede the shares to the ⁠go...

OpenAI chief Sam Altman will join leaders at the G7 summit in France this month. Artificial intelligence will be a major focus for discussi...