News

OpenAI's shakeup plan gets SoftBank's nod — all eyes now on Microsoft
The SoftBank CFO said OpenAI's planned restructuring with the nonprofit keeping control is something that was expected.
Microsoft to lay off 3% of global workforce — roughly 7K jobs — in shift to develop AI
Microsoft is cutting roughly 3% of its global workforce as the company shifts more resources toward the race to develop ...
SoftBank approves of OpenAI's restructuring process following Microsoft's recent contract renegotiations
SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the ...
$100B Stargate AI Project From OpenAI and SoftBank Stalls – Here’s Why
OpenAI CEO Sam Altman confirmed he visited Stargate’s first data center site in Abilene, Texas, which is still moving forward ...
OpenAI plans to cut Microsoft revenue share after restructuring, The Information reports
OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its ...
Microsoft may take lower equity in OpenAI to secure long-term access to ChatGPT models: Report
OpenAI is renegotiating its contract with Microsoft to facilitate a future IPO, focusing on equity for Microsoft's $13 ...
OpenAI Backtracks, Says Nonprofit Will Retain Control: How Did Musk & Microsoft Respond?
OpenAI scraps plans to become fully for-profit, reaffirming nonprofit control after pressure from critics, investors, and ...
AI boom and D.C. hot mics: OpenAI and Microsoft go to Washington, Amazon surveys the field
Microsoft and OpenAI head to Washington for a hearing on AI policy; Amazon reveals how companies are making AI their top ...