Japan's second-richest man 'raced' to raise billions to fund his commitment to Sam Altman's OpenAI, and the very 'promise' may be hurting him now

SoftBank's massive "all-in" bet on OpenAI, backed by aggressive divestments including Nvidia, is reportedly causing significant financial strain. The Japanese tech giant's shares have plummeted, its ...

Why OpenAI Is Courting Private Equity In Its AI Race Against Anthropic

The company is dangling pre-release model access and financial terms well above market to lock in PE distribution ahead of a ...

Softbank CEO Masayoshi Son gives update on OpenAI data centre project in Ohio called biggest in the US: ‘Instead of…’

SoftBank is investing a colossal $500 billion into a single AI data center campus in Ohio, potentially the largest ...

OpenAI’s Pivot To Enterprise Is Likely A Race Against Anthropic, And The IPO Clock

On March 16, Fidji Simo, OpenAI's chief of applications, held an all-hands meeting with employees to preview a significant ...
Forbes India

Sam Altman: The alchemist of AI

As OpenAI CEO, Sam Altman unleashed ChatGPT, creating a $500 billion behemoth. As a new father, he's building a future his ...

OpenAI's data center pivot underscores Wall Street spending concerns ahead of IPO

As OpenAI gears up for a potential IPO, it's outlined a more tempered infrastructure strategy and has moved away from an ...

SoftBank’s Son says Ohio data centre to be US$500 bil project

SoftBank Group Corp is developing a data centre-focused project in Ohio so massive that chief executive officer Masayoshi Son ...

PE Firms Offer AI Labs A $14B Shortcut To Enterprise Adoption

Both companies are in advanced talks with major private equity firms to form joint ventures that would push their AI into ...

OpenAI code red at peak: Sam Altman to double the workforce to 8000 for tackling competition

OpenAI is initiating a new Code Red as it strives to outperform competitors like Google and Anthropic. The company plans to ...