OpenAI

OpenAI funding on track to top US$100 billion in latest round: sources

The company’s pre-money value will remain US$730 billion, according to a source

The message from the financial markets is that SaaS companies need to move much faster. Incumbents in other industries who think time is on their side as they figure out a response to the AI threat should also take note. The stock market’s AI reckoning, when it comes, can be swift and brutal.

The great software stock meltdown

Sell-off may be overdone, but companies need to move faster to respond to AI

Softbank has invested more than US$30 billion in OpenAI, accumulating an 11% stake as at December.

SoftBank swings to profit on valuation boost from OpenAI bet

As at December, its investment gain on the ChatGPT creator stands at an estimated US$19.8 billion

Classified networks are used to handle a wide range of more sensitive work that can include mission-planning or weapons targeting.

Pentagon pushing AI companies to expand on classified networks: sources

Military officials are hoping to leverage AI’s power to synthesise information to help shape decisions

Ad industry experts said Anthropic and OpenAI can leverage the massive Super Bowl audience to counter negative perceptions of artificial intelligence.

Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT

Rivalry highlights AI companies’ public spat and market competition

The enterprise market is just one of many places where OpenAI and Anthropic are going head-to-head.

OpenAI unveils AI agent service as part of push to attract businesses

The platform is part of a broader effort by OpenAI to seize the enterprise market from its rivals

Google’s fresh conviction about AI-fuelled revenue is backed by growth in both its consumer and enterprise businesses.

Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth

Alphabet’s potentially to double its capital expenditures in 2026 – to between US$175 billion and US$185 billion

Nvidia and OpenAI have been linchpins of the AI boom, but their relationship has come under new scrutiny in recent days amid reports of tensions between the two firms.

Nvidia nears deal to invest US$20 billion in OpenAI round

The startup is looking to raise up to US$100 billion in funding for a new round

This decision by OpenAI and others to seek out alternatives in the inference chip market comes as the two companies are in investment talks.

OpenAI is unsatisfied with some Nvidia chips and looking for alternatives: sources

The chipmaker remains dominant in chips for training large AI models, while inference has become a new front in the competition

Nvidia's Jensen Huang speaking at a dinner event with the company’s Taiwanese suppliers in Taipei on Saturday.  When asked about the report that seemed to suggest he wasn’t very happy with OpenAI, Huang replied: “That’s nonsense.”

Nvidia CEO says new OpenAI investment may be largest yet

Jensen Huang calls the artificial intelligence research organisation “one of the most consequential companies of our time”