OpenAI - Page 2

May 12, 2025

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

June 4, 2025

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

April 9, 2025

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 $4 Trillion Milestone on Cloud Momentum

by Jamie Spencer

Strong Earnings and AI Confidence Fuel Market Surge Microsoft reached a major financial milestone on Thursday as its market capitalization surpassed $4 trillion, joining Nvidia as one of only two publicly traded

July 31, 2025

Oracle Hits Record High on $30B Cloud Deal News

by Jamie Spencer

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

June 30, 2025

Google Cuts Ties With Scale AI After Meta Stake

by Jamie Spencer

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

June 13, 2025

Adobe Faces Investor Doubts Over AI Monetization

by Jamie Spencer

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

June 13, 2025

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

by Jamie Spencer

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

June 12, 2025

OpenAI Hits $10 Billion in Annual Revenue Amid Rapid Growth

by Jamie Spencer

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

June 9, 2025

Microsoft Hits Record High, Reclaims Top Spot in Market Cap

by Jamie Spencer

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

June 6, 2025

OpenAI Launches Codex: The AI-Powered Coding Agent

by Jamie Spencer

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,

May 16, 2025

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

by Jamie Spencer

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

May 9, 2025

Apple and Alphabet Shares Drop After AI Search Remarks

by Jamie Spencer

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

May 7, 2025

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