Part of the funding is expected to be used for Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by ...

SAN FRANCISCO — Elon Musk and a group of investors offered to buy ChatGPT-maker OpenAI for $97.4 billion Monday, a sum far below the artificial-intelligence company’s most recent valuation of ...

Welcome back to Week in Review. This week we’re looking at OpenAI canceling the release of o3; TikTok returning to U.S. app ...

The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT. By Cade Metz and Lauren Hirsch Cade Metz reported from San Francisco, and Lauren Hirsch from ...

OpenAI is in talks to double its valuation to $300 billion, while rival Anthropic is finalizing a funding round that would value it at $60 billion. Still, investors face fresh questions about ...

but OpenAI is also in discussions with other investors for additional funding that could push its valuation to $340 billion, more than double the $157 billion it reached after securing $6.6 ...

Musk’s xAI raised $6 billion at a $35 billion-$40 billion valuation in late 2024; X, the social media app he owns, offers users Grok, an artificial intelligence competitor to OpenAI’s ChatGPT.

SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC's David Faber. SoftBank would pay out the funding over the next ...