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Google Gemini co-lead Noam Shazeer to join IPO-bound OpenAIIn 2024, Google appointed Shazeer to co-lead the development of its Gemini AI model, and he has been credited as key figure behind Gemini'...- AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
- US judge dismisses Elon Musk's xAI trade secret lawsuit against OpenAIU.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge ...
- US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
- Anthropic vs OpenAI: Behind the bitter battle for the future of AIThe fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...
- Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
- AI gold rush upends San Francisco housing marketIn San Francisco, the longtime hub of the US tech sector, fortunes tied to artificial intelligence startups are inflating home prices and f...
- Canada introduces legislation to ban social media for children under 16, regulate AI chatbotsThe bill also aims to make AI chatbots safer by setting up a digital regulator to establish safety standards, a government official said. C...
- Oracle's AI spending blows past estimates, raising worries over growing debtOracle, 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 expects to go public within the next year: ReportOpenAI, the maker of ChatGPT, is preparing for a stock market debut. CEO Sam Altman has indicated a public offering could happen within the...
- Trump says he thinks AI companies will agree to 'giving back' to the publicPresident Trump plans to meet with top AI executives soon. He expects them to agree to 'give back' to the public. This could involve the go...
- OpenAI expects to go public 'within the next year,' the Information reportsOpenAI CEO Sam Altman indicated an IPO within the next year, with the company having recently filed confidentially. While a timeline remain...
- OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
- Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI playThe AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover...
- Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings: ReportAI firm Perplexity plans to go public in 2028, irrespective of how Anthropic and OpenAI's IPOs perform. CEO Aravind Srinivas stated the 202...
- Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reportsOpenAI confidentially filed for a U.S. IPO earlier on Monday, following Anthropic's filing last week. Elon Musk's SpaceX is also preparing ...
- DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
- Saving Siri: After two years of stumbles, is Apple's AI moment here?Siri debuted in 2011 and is accessible through the bulk of Apple's installed base of 2.5 billion devices, but hundreds of millions of consu...
- OpenAI plans ChatGPT 'superapp' overhaul ahead of listing, FT reportsThe changes are part of a broader reorganisation at OpenAI, as it shifts resources to target lucrative enterprise clients and intensify co...
- OpenAI CEO Sam Altman will attend G7 in FranceOpenAI chief Sam Altman will join leaders at the G7 summit in France this month. Artificial intelligence will be a major focus for discussi...
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