Amazon-OpenAI announce $38B deal
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In early October, OpenAI president Greg Brockman and AMD CEO Lisa Su made the rounds of TV news shows, smiling ear to ear as they announced a multiyear partnership worth tens of billions of dollars—one that will see OpenAI deploy hundreds of thousands of AMD chips across its Stargate Project data center mega-campuses.
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OpenAI debated merging with one of its biggest rivals after firing Sam Altman, court docs reveal
Ilya Sutskever, an OpenAI cofounder and the company's former chief scientist, detailed the merger talks in a recent deposition.
The furious rally in AMD's stock over the past month or so raises the stakes for Tuesday's earnings report. AMD's stock is up 58% since before the company announced a 6-gigawatt deal with OpenAI i
The scientist who oversaw development of Tencent Holdings Ltd.’s flagship AI model has raised $50 million with a startup planning to release a rival to OpenAI’s Sora, the latest high-profile entry in one of the more profitable of artificial intelligence spheres.
OpenAI CEO Sam Altman recently said that the company is doing “well more” than $13 billion in annual revenue — and he sounded a little testy when pressed on how it will pay for its massive spending commitments.
A one-of-a-kind interview unfolded in San Francisco on Monday evening as OpenAI CEO Sam Altman and Golden State Warriors coach Steve Kerr were pressed into confronting America’s vast wealth inequality.
SoftBank Group Corp.’s Japanese mobile unit and OpenAI will launch AI services for local companies next year, seeking to realize real revenue in the face of growing concerns over sky-high valuations.
A 10-hour sworn testimony from OpenAI co-founder Ilya Sutskever paints a picture of panic, unverified allegations, and governance failures.