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Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...- OpenAI strives for Tata hand to grow footprint in IndiaA partnership with the Tata Group would mark the beginning of OpenAI’s Stargate India chapter while accelerating TCS’ ambition of becoming ...
- 'We’ll never get that lucky again': OpenAI CEO Sam Altman on ChatGPT’s breakthrough momentThe OpenAI CEO was referring to the company’s early discovery of scaling laws for language models in a month-old podcast with Andreessen Ho...
- SoftBank sinks 10% — did selling Nvidia to fund a cash furnace just backfire big?SoftBank’s shares fell 10% after it sold all its Nvidia stock to fund new AI projects. The company is betting big on artificial intelligenc...
- OpenAI, Oracle announce Stargate data center site in WisconsinThe new Port Washington campus is part of OpenAI and Oracle's partnership announced in July to develop another 4.5 gigawatts of data center...
- How deals with OpenAI have led to share surges for its partnersOpenAI is making massive deals worth over a trillion dollars. These agreements secure computing power for its AI goals and hardware plans. ...
- Nvidia to invest $100 billion in OpenAI for data centre developmentThe move underscores the increasingly overlapping interests of the various tech giants developing advanced AI systems. The deal gives Nvidi...
- Nvidia to invest $100 billion in OpenAI to power next-generation AI, NVDA stock hits record highNvidia is investing up to $100 billion in OpenAI to build huge AI data centers and power next-generation AI models. The partnership will he...
- Nvidia overtakes Microsoft to become world’s most valuable companyNvidia gained 0.9% on Tuesday and has surged over 45% since its April low, boosting its market value to $3.45 trillion, just ahead of Micro...
- OpenAI plans Stargate data centre in UAE in push beyond US: ReportIt is not clear whether the ChatGPT maker will use the UAE data centre for its own work in the artificial intelligence (AI) space.
- SoftBank, OpenAI joint venture to offer AI for companies: Masayoshi SonJapan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, SoftBan...
- OpenAI-SoftBank's $100 billion Stargate venture touted by Donald Trump will tap solar powerTrump unveiled the Stargate joint venture involving SoftBank Group Corp., OpenAI and Oracle Corp. on Tuesday. The companies will initially ...
- Why Elon Musk is fuming over Donald Trump’s $500 billion AI Stargate ProjectA new $500 billion AI initiative, Stargate, was announced by US President Donald Trump, SoftBank, OpenAI, and Oracle, promising to create o...
- Is Microsoft’s relationship with OpenAI frosty? Salesforce's Marc Benioff says friendship cracked when Satya Nadella hired Mustafa Suleyman, rival of Sam AltmanThe relationship between Microsoft and OpenAi has reportedly become frosty with passing days and recent developments revealed that Salesfor...
- Elon Musk reacts to SoftBank-OpenAI’s $500 billion AI project, says ‘they don’t have the money’Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The ...
- AWS plans $8.3 billion investment in cloud infrastructure in Maharashtra by 2030The allocation is part of AWS’s larger $12.7 billion planned investment across India by 2030, announced in May 2023, to meet growing demand...
- ETtech Explainer: Behind Trump’s $500-billion ‘Stargate’ bid for AI supremacy'The Stargate Project' is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairma...
- Elon Musk raises concerns over $500 billion Stargate Project backed by Donald TrumpElon Musk has expressed doubts about the financial feasibility of the $500 billion Stargate AI Project announced by President Donald Trump....
- SoftBank, OpenAI launch $500 billion AI infrastructure project, Masayoshi Son named chairmanThe investment brings together an alliance of tech giants. While SoftBank and OpenAI are lead partners—with SoftBank handling financials an...
- What is Stargate? The $500 billion AI project approved by Trump 2.0 to beat competitor ChinaPresident Donald Trump has announced the Stargate initiative, a significant collaboration involving OpenAI, SoftBank, and Oracle, with an i...
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