OpenAI

Tech

3 months ago

SoftBank, OpenAI Delay $100B AI Investment Due to Tariffs

SoftBank and OpenAI’s plan to invest $100 billion in artificial intelligence infrastructure in the U.S. as part of the Stargate project has been delayed for several months, according to a report. The

eu-unveils-ai-action-plan-to-compete-with-u.s.-and-china

Tech

4 months ago

EU Unveils AI Action Plan to Compete with U.S. and China

European Commission’s AI Continent Action Plan On Wednesday, the European Union presented an ambitious plan to strengthen its artificial intelligence (AI) industry and better compete with global giants like the U.S. and

microsoft-hits-record-high,-reclaims-top-spot-in-market-cap

Investing

2 months ago

Microsoft Hits Record High, Reclaims Top Spot in Market Cap

On a down day for the market, Microsoft reached a record high for the first time in 11 months. Shares of the software giant rose 0.8% to close at $467.68, marking a

Oracle Hits Record High on $30B Cloud Deal News

Massive agreement signals strong AI and cloud momentum Oracle shares surged 4% to a new all-time high after a regulatory filing revealed a blockbuster cloud deal that could bring in more than

4 weeks ago

Investing

Google Cuts Ties With Scale AI After Meta Stake

Google plans to sever its relationship with Scale AI following Meta’s acquisition of a 49% stake in the data-labeling startup. The move raises industry-wide concerns over data security and competitive exposure in

1 month ago

Tech

Adobe Faces Investor Doubts Over AI Monetization

Adobe’s stock fell 7% in early trading on Friday as investor concerns grew over the pace at which its AI initiatives will generate returns. Despite raising its full-year revenue forecast, skepticism about

1 month ago

Business

AMD Unveils Next-Gen MI400 AI Chips, Competing with Nvidia

AMD’s New Chips and AI Strategy Advanced Micro Devices (AMD) announced details of its next-generation AI chips, the Instinct MI400 series, which will be available in 2025. These chips will be assembled

2 months ago

Business

OpenAI Hits $10 Billion in Annual Revenue Amid Rapid Growth

Overview of OpenAI’s Revenue Growth OpenAI has reached an impressive milestone, achieving $10 billion in annual recurring revenue (ARR) in less than three years since the launch of its widely popular ChatGPT

2 months ago

Business

Nvidia Surpasses Microsoft as World’s Most Valuable Company

Nvidia has regained its position as the most valuable publicly traded company, surpassing Microsoft with a market cap of $3.45 trillion on Tuesday. This milestone comes after a 3% surge in Nvidia’s

2 months ago

Tech

OpenAI Launches Codex: The AI-Powered Coding Agent

OpenAI announced the launch of Codex, its most capable AI coding agent yet, on Friday. Powered by the codex-1 model, which is optimized for software engineering tasks, Codex promises to generate cleaner,

2 months ago

Tech

AI Giants Urge U.S. to Strengthen Infrastructure and Exports

Top executives from major U.S. AI companies, including OpenAI, Microsoft (MSFT.O), and Advanced Micro Devices (AMD.O), testified at a U.S. Senate hearing on Thursday, stressing the importance of boosting infrastructure and championing

3 months ago

Tech

Apple and Alphabet Shares Drop After AI Search Remarks

Shares of Alphabet and Apple fell sharply on Wednesday after Eddy Cue, Apple’s services chief, made comments regarding the future of search engines in which he suggested that AI search engines could

3 months ago

Business

Microsoft Posts Strong Quarterly Results, Shares Jump

Microsoft shares surged over 6% in after-hours trading on Wednesday following the company’s better-than-expected quarterly results, which highlighted significant growth across key segments. Quarterly Financial Performance Here’s a breakdown of Microsoft’s performance

3 months ago

Investing

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