OpenAI in talks to raise funding that would value AI startup at up to $340 billion

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  SoftBank in Talks to Invest Up to $25 Billion in OpenAI

  A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
  
  The New York Times - 4h

• SoftBank in talks to invest up to $25 billion in OpenAI

  SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company's biggest backer, CNBC has confirmed.
  
  CNBC - 23h
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  Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene

  Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
  
  NBC News - 3d
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  How Chinese AI Startup DeepSeek Made a Model that Rivals OpenAI

  When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.
  
  Wired - 5d
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  Google Steps Up AI Race With Fresh $1 Billion Investment in OpenAI Rival Anthropic

  The AI contender to the apparent market leader finished a $2 million funding round and now has a $60 billion valuation.
  
  Inc. - Jan. 22
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  OpenAI Details How It Would Like AI to Be Regulated

  The resulting regulation—or lack thereof—could have repercussions for businesses working on artificial intelligence.
  
  Inc. - Jan. 14
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  AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

  The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.
  
  Inc. - Jan. 8

• AI Startup Anthropic Raising Funds Valuing It at $60 Billion

  The Amazon-backed OpenAI rival was valued at $18 billion last year.
  
  The Wall Street Journal - Jan. 7

• Anthropic in talks to raise funding at $60 billion valuation

  AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.
  
  CNBC - Jan. 7

More from CNBC

• Cook points to 'fiscal stimulus' after Apple suffers steepest China sales decline in a year

  China is "the most competitive market in the world," Cook told analysts on Thursday.
  
  CNBC - 45m

• Trump lashes out at Biden, DEI efforts after D.C. plane crash

  President Donald Trump, without offering evidence, said the collision between an American Airlines jet and an Army helicopter "could have been" due to DEI.
  
  CNBC - 4h

• Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace

  Airline executives have pushed the government to modernize air traffic control and alleviate congestion in some of the busiest air corridors in the U.S.
  
  CNBC - 3h

• Intel issues weak forecast, but beats on fourth-quarter results

  Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.
  
  CNBC - 2h

• Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter

  Samsung Electronics reported better-than-expected fourth-quarter revenue and operating profit, though the latter dropped by nearly a third from the previous quarter.
  
  CNBC - 14m

More in Business

• Deckers hikes its yearly outlook. Wall Street still has questions about demand.

  Sales of Deckers footwear brands Ugg and Hoka increased during the third quarter.
  
  MarketWatch - 13m

• Samsung fourth-quarter profit misses estimates, falls sharply from previous quarter

  Samsung Electronics reported better-than-expected fourth-quarter revenue and operating profit, though the latter dropped by nearly a third from the previous quarter.
  
  CNBC - 14m

• Apple proves naysayers wrong once again with lots to like from the quarter and outlook

  Guidance for revenue growth in the March quarter was much better feared.
  
  CNBC - 25m
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  European Central Bank Cuts Interest Rates as Economic Growth Stagnates

  The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
  
  The New York Times - 34m

• Cook points to 'fiscal stimulus' after Apple suffers steepest China sales decline in a year

  China is "the most competitive market in the world," Cook told analysts on Thursday.
  
  CNBC - 45m