OpenAI Reportedly Holds $5.5 Billion in SB Energy Warrants
OpenAI has been issued warrants estimated to be worth $5.5 billion in power infrastructure firm SB Energy, according to a Wall Street Journal report citing draft IPO documents reviewed by the publication. The reported...
Judge Blocks Anthropic Blacklist
A U.S. federal judge on Thursday blocked the Pentagon’s decision to blacklist Anthropic, marking a major development in the AI company’s legal battle with the U.S. military over restrictions on how its Claude models...
Nvidia Forecasts 70% Revenue Growth as AI Demand Surges
Nvidia forecast a 70% jump in revenue for its next fiscal year, significantly above Wall Street expectations of 44%, signaling that demand for AI computing remains exceptionally strong. Shares rose nearly 5% in extended...
Alibaba Launches $10.2 Billion Share Sale to Fund AI Push
Alibaba shares fell sharply in Hong Kong on Monday after the Chinese e-commerce and cloud computing giant launched a $10.2 billion share sale to finance its artificial intelligence ambitions. The company is offering HK$80...
Nvidia in Talks to Invest in Perplexity at $30B+ Valuation
Nvidia is reportedly in discussions to invest in AI search startup Perplexity as part of a funding round that would value the company at more than $30 billion, according to The Information. The potential...
AI Debt Boom Tests Investor Appetite
The surge in debt issuance by technology giants to finance the artificial-intelligence buildout is beginning to test investor appetite, with bond buyers demanding higher yields as the market absorbs record supply. While investors remain...
Micron to Invest $10 Billion in New AI Memory Research Lab
Micron Technology said on Thursday it plans to invest $10 billion over the next decade in a newly established research laboratory in Boise, Idaho, aimed at advancing memory technologies, developing compute systems and supporting...
OpenAI Unveils ChatGPT for Teens With Stronger Safeguards
OpenAI on Tuesday introduced “ChatGPT for Teens,” a version of its AI chatbot designed for users aged 13 to 17, featuring enhanced security measures and parental controls. The new system automatically activates when a...
AI App Helps Blind Egyptian Teenagers Experience the World Anew
Sixteen-year-old Cairo schoolgirl Karen Morad, who lost her sight five years ago, experienced a safari in Kenya as if she could see again after using ScribeMe, an AI-assisted app developed by her blind brother,...
ByteDance, Hollywood Trade Group Sign AI Copyright Pact
ByteDance and the Motion Picture Association (MPA) have signed an agreement aimed at strengthening copyright safeguards for the Chinese tech giant’s AI video and image-generation models, following concerns from Hollywood over the use of...