SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech

SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint release released on Monday.

CNBC - 6h

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 - 3d

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

SoftBank would contribute as much as $25 billion to OpenAI's funding round and become the largest investor.

CNBC - 3d

SoftBank ‘in talks’ to invest up to $25bn in OpenAI

Reported move would make Japanese group largest financial backer of US startup behind ChatGPT. Business live – latest updates The Japanese investment group SoftBank is reportedly in talks to ...

The Guardian - 4d

To some, OpenAI is a DeepSeek victim. But SoftBank may be more upbeat than ever.

SoftBank reportedly is in talks to invest up to $25 billion in OpenAI and become the ChatGPT creator’s largest investor.

MarketWatch - 4d

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 - 4d

SoftBank in talks to invest up to $25bn in OpenAI

Deal would make Japanese group the biggest financial backer in ChatGPT maker

Financial Times - 4d

OpenAI probes DeepSeek

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story OpenAI investigates DeepSeek data use OpenAI is examining whether Chinese artificial intelligence startup ...

The Hill - 4d

OpenAI Seems Concerned That DeepSeek Copied Its Work

Did DeepSeek train a model on data it didn’t get permission to use?

Inc. - 4d

OpenAI investigating whether DeepSeek improperly obtained data

OpenAI is examining whether Chinese artificial intelligence (AI) startup DeepSeek improperly obtained data from its models to build a popular new AI assistant, a spokesperson confirmed to The ...

The Hill - 4d

OpenAI's Sam Altman calls DeepSeek model 'impressive'

OpenAI CEO and co-founder Sam Altman called Chinese artificial intelligence startup DeepSeek "impressive," while shrugging off concerns the startup could threaten OpenAI's standing. "deepseek's r1 ...

The Hill - 5d

OpenAI launches ChatGPT Gov for U.S. government agencies

OpenAI on Tuesday announced the launch of ChatGPT for government agencies in the U.S.

CNBC - 5d

OpenAI announces new ChatGPT version for government agencies

OpenAI is launching a new version of its popular ChatGPT model that is specifically tailored to government agencies and workers as the artificial intelligence firm seeks to remain a top player in ...

The Hill - 5d

SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push

Corporate travel platform TravelPerk raised $200 million from investors including Atomico and EQT in a funding round valuing the startup at $2.7 billion.

CNBC - 6d

Meta to Increase Spending to $65 Billion This Year in A.I. Push

Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.

The New York Times - 6d

Big tech is spending billions on AI. How much time will Wall Street allow for the payoff?

Earnings Watch: Meta, Apple, Microsoft and Tesla report quarterly results, as analysts start to focus more on AI results. Earnings are also due from Starbucks and Boeing.

MarketWatch - Jan. 26

DeepSeek-R1’s bold bet on reinforcement learning: How it outpaced OpenAI at 3% of the cost

DeepSeek-R1’s Monday release has sent shockwaves through the AI community, disrupting assumptions about what’s required to achieve cutting-edge AI performance. This story focuses on exactly how ...

VentureBeat - Jan. 26

Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.

Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...

MarketWatch - Jan. 25

Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year

CNBC - Jan. 24

Stargate artificial intelligence project to exclusively serve OpenAI

Trump has called SoftBank-backed venture a ‘resounding declaration of confidence in America’s potential’

Financial Times - Jan. 24

OpenAI Unveils New Agent Tool ‘Operator’

The new tool, called Operator, can shop for groceries or book a restaurant reservation. But it still needs help from humans.

The New York Times - Jan. 23

OpenAI Launches Operator, Its First AI Agent

Operator can search the web, move a cursor, click on webpages, and generally do much of what a human can do.

Inc. - Jan. 23

OpenAI’s Operator Lets ChatGPT Use the Web for You

The company that kicked off the AI chatbot craze now wants AI to do more than just talk.

Wired - Jan. 23

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

Microsoft loses status as OpenAI's exclusive cloud provider

Microsoft won't be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.

CNBC - Jan. 22

Google invests further $1bn in OpenAI rival Anthropic

Artificial intelligence group closes in on $60bn valuation

Financial Times - Jan. 22

SoftBank and OpenAI back sweeping AI infrastructure project in US

Donald Trump calls $100bn initiative a ‘declaration of confidence in America’

Financial Times - Jan. 22

Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank

President Donald Trump announced a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI infrastructure.

CNBC - Jan. 22

Trump unveils $500bn joint AI venture between OpenAI, Oracle and SoftBank

Dubbed Stargate, it aims to construct data centers and infrastructure needed to power AI development. Donald Trump has unveiled what he called “the largest AI infrastructure project in history” – a ...

The Guardian - Jan. 21

Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank

OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.

The New York Times - Jan. 21

Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank

President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States.

NBC News - Jan. 21

Generali and Natixis Ink Asset-Management Joint Venture

Generali and the owner of France’s Natixis Investment Managers agreed to jointly create a European asset manager overlooking nearly $2 trillion.

The Wall Street Journal - Jan. 21

Masayoshi Son Bet Billions on the iPhone—3 Years Before It Existed

How SoftBank CEO Masayoshi Son convinced Steve Jobs to make the deal of the century.

Wired - Jan. 16

US targets China’s answer to OpenAI with trade blacklisting

Beijing-based Zhipu singled out among artificial intelligence start-ups for allegedly advancing Chinese military capabilities

Financial Times - Jan. 16

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

OpenAI Courts Trump With Vision for ‘A.I. in America’

The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.

The New York Times - Jan. 13

Disney, Warner Bros., Fox kill streamed sports joint venture

Three of the nation's largest broadcast media companies have scrapped plans to launch a joint direct-to-consumer streaming platform for live sports, the group announced Friday. Warner Bros. ...

The Hill - Jan. 10

OpenAI begins 2025 with massive hype for AGI, superintelligence

The AGI and superintelligence hype has hit a fever pitch unlike any I've seen in my 15 years writing about technology.

VentureBeat - Jan. 6

‘Virtual employees’ could join workforce as soon as this year, OpenAI boss says

Sam Altman says tools that carry out jobs autonomously, known as AI agents, could transform business output. Virtual employees could join workforces this year and transform how companies work, ...

The Guardian - Jan. 6

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