OpenAI Close to Finalizing $40 Billion SoftBank-Led Funding
(Bloomberg) -- OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. — with investors ...
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Alibaba’s Tsai Warns of a ‘Bubble’ in AI Data Center Buildout
(Bloomberg) -- Alibaba Group Holding Ltd. Chairman Joe Tsai warned of a potential bubble forming in datacenter construction, arguing that ...
Read moreDetailsEFishery Cuts About 90% of Jobs as Potential Liquidation Looms
(Bloomberg) -- EFishery Pte is eliminating more than 1,000 jobs, or about 90% of the workforce, as the Indonesian agritech ...
Read moreDetailsOpenAI Eyeing More Data Centers in Texas, Other States for Stargate
(Bloomberg) -- A joint venture from OpenAI, SoftBank Group Corp. and Oracle Corp. is close to selecting additional sites for ...
Read moreDetailsOpenAI in Talks to Raise up to $40 Billion in New Funding Round
(Bloomberg) -- OpenAI is in talks to raise as much as $40 billion in a funding round led by SoftBank ...
Read moreDetailsSoftBank in Talks to Invest Up to $25 Billion in OpenAI
(Bloomberg) -- SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI, in a move ...
Read moreDetailsThe Abu Dhabi Fund Helping Bankroll Trump’s $100 Billion AI Plan
(Bloomberg) -- A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial ...
Read moreDetailsChip Designer Arm Considers Acquiring Ampere Computing
(Bloomberg) -- SoftBank Group Corp. and its majority-owned Arm Holdings Plc are exploring a deal for Ampere Computing LLC, according ...
Read moreDetailsFarming Startup Plenty in Talks for More Than 90% Valuation Cut
(Bloomberg) -- Plenty Unlimited Inc., a pioneer of vertical farming that’s drawn backing from billionaires including Jeff Bezos, is in ...
Read moreDetailsArgentina’s Ualá Reaches $2.75 Billion Valuation in New Funding
(Bloomberg) -- Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest ...
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