Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.

OpenAI is in talks to raise another giant round, of about $40 billion, led by SoftBank, which would value the ChatGPT maker at $300 billion including the investment—nearly double its valuation late last year in a Thrive Capital-led

Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.

OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.

As a result a big change is afoot in the economics of a digital economy built on providing cheap services to large numbers of people at low marginal cost, thanks to free distribution on the internet.

OpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company's valuation to as high as $340 billion, CNBC has confirmed.

French AI startup Mistral unveils a breakthrough 24B parameter language model that matches the performance of models three times its size, challenging tech giants with faster speeds and lower computing costs while targeting enterprise deployments.

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Y Combinator-backed startup Martin AI secures $2M seed funding to challenge Siri and Google with its innovative personal AI assistant, built by 19-year-old founders to revolutionize how consumers interact with AI through custom memory architecture and multi-channel accessibility.

Leaders of major U.S. tech companies at the forefront of artificial intelligence (AI) are brushing off a popular new model from Chinese startup DeepSeek, despite fears it could upend the

Trump's commerce secretary nominee says DeepSeek AI used US 'stolen' technology following Microsoft, OpenAI investigations.