The company is currently trying to raise US$9.3 billion in debt and equity to cover the gap. Read more at straitstimes.com.

Sam Altman claims Meta is dangling eye-watering sums to poach OpenAI talent, fuelling an escalating AI arms race.

When OpenAI acquired Io to create “ the coolest piece of tech that the world will have ever seen ,” it confirmed what ...

The new app, called Firefly, packages Adobe's own AI model together with models from new partner firms Ideogram, Luma AI, ...

Meta offered $100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker's talent and ...

The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI ...

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has escalated its recruitment efforts in a high-stakes attempt to build its own artificial intelligence (AI) empire. According ...

OpenAI Chief Executive Officer Sam Altman said Meta Platforms has offered his employees signing bonuses as high as $100 ...

In summary, Alphabet has become one of the clear leaders in AI, and that should help insulate it from potential disruption.

OpenAI Chief Executive Officer Sam Altman said Meta Platforms Inc. has offered his employees signing bonuses as high as $100 million, with even larger annual compensation packages, as it seeks to ...

Explore the groundbreaking potential of ChatGPT 5, the AI model rumored to transform decision-making, creativity, and ...

While Meta had sought to hire “a lot of people” from OpenAI, “so far none of our best people have decided to take them up on ...