Stargate

OpenAI Reportedly Ready to Close Record $40 Billion Funding Round
OpenAI Reportedly Ready to Close Record $40 Billion Funding Round
March 27, 2025  |  Investments

OpenAI is reportedly close to finalizing what would be the largest funding round of all time. That $40 billion round is being led by Japanese conglomerate SoftBank,...

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OpenAI Plans Grand Expansion While Losing Billions. Sound Familiar?
OpenAI Plans Grand Expansion While Losing Billions. Sound Familiar?
February 13, 2025  |  artificial intelligence

From its genesis as a small nonprofit startup in Silicon Valley in 2015, OpenAI has transformed itself into the top artificial intelligence (AI) company today,...

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AI Summit: EU, France to Invest $320 Billion in AI to Rival US, China
AI Summit: EU, France to Invest $320 Billion in AI to Rival US, China
February 11, 2025  |  artificial intelligence

This week’s AI Action Summit in Paris — the artificial intelligence (AI) community’s equivalent of Davos — saw the Europeans act decidedly un-European. The annual...

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OpenAI CEO Sam Altman: EU Regulations Could Limit Access to AI
OpenAI CEO Sam Altman: EU Regulations Could Limit Access to AI
February 07, 2025  |  artificial intelligence

OpenAI CEO Sam Altman reportedly said that European Union (EU) regulations could limit the region’s access to artificial intelligence (AI). Speaking Friday (Feb. 7) at an...

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SoftBank Reportedly Weighs $25 Billion OpenAI Investment 
SoftBank Reportedly Weighs $25 Billion OpenAI Investment 
January 30, 2025  |  artificial intelligence

SoftBank is reportedly in discussions to invest up to $25 billion into OpenAI. The deal, as reported by the Financial Times (FT) and other outlets...

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Why Is Silicon Valley Spending a Fortune on AI Data Centers?
Why Is Silicon Valley Spending a Fortune on AI Data Centers?
January 27, 2025  |  artificial intelligence

This week, President Donald Trump and a small group of tech executives — OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry...

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This Week in AI: Trump Repeals Biden AI Rules but Launches Stargate
This Week in AI: Trump Repeals Biden AI Rules but Launches Stargate
January 24, 2025  |  artificial intelligence

As expected, President Donal Trump this week signed an executive order rolling back former President Joe Biden’s 2023 artificial intelligence (AI) rules, which had been...

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European CEOs Call for Investment in AI Infrastructure
European CEOs Call for Investment in AI Infrastructure
January 23, 2025  |  Artificial Intelligence

President Donald Trump’s announcement of Stargate, a $500 billion investment in artificial intelligence infrastructure, reportedly spurred calls for a similar initiative in Europe. SAP CEO...

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DeepMind Head: Google AI Spending Could Exceed $100 Billion
DeepMind Head: Google AI Spending Could Exceed $100 Billion
April 16, 2024  |  artificial intelligence

Google’s top AI executive says the company’s spending on the technology will surpass $100 billion. While speaking Monday (April 15) at a TED Conference in...

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