OpenAI reportedly raises $8.3B at $300B valuation
The oversubscribed round came months ahead of schedule, and is part of OpenAI’s strategy to raise $40 billion.
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Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation
The round could make the AI data storage company one of the most valuable in the world.
OpenAI to launch AI data center in Norway, its first in Europe
OpenAI said the new Norway-based datacenter comes as the European Union races to achieve AI sovereignty by investing in data center and compute power.
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like dat…
Zuckerberg signals Meta won’t open source all of its ‘superintelligence’ AI models
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced AI may remain closed so that Meta can stay in the driver’s seat.
Microsoft in talks to maintain access to OpenAI’s tech beyond AGI milestoneÂ
Microsoft is reportedly in advanced talks with OpenAI for a new agreement that would give it ongoing access to the startup’s technology even if OpenAI achieves what it defines as AGI, or advanced general intelligence. If the deal goes through, it would…
Tesla signs $16.5B deal with Samsung to make AI chips
The deal for next-generation chips is a boon for Samsung.Â