Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US App Store rankings,
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.
Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies.
SoftBank has offered a term sheet that would value OpenAI at a pre-money valuation, meaning the valuation without the funding of the current round, at $260 billion.
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
DeepSeek’s AI disrupts industry, causing Nvidia’s $600B plunge. AI investments surge: SoftBank backs Skild AI, ElevenLabs raises $250M, and Infinite Reality buys Obsess.
OpenAI is in talks to raise another giant round, of about $40 billion, led by SoftBank, which would value the ChatGPT maker at $300 billion including the investment—nearly double its valuation late last year in a Thrive Capital-led
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a half a trillion dollars in the first month of 2025 as banks and technology vendors vie to build out massive AI compute.