Sep 28, 2023 · OpenAI is in advanced talks with former Apple designer Sir Jony Ive and SoftBank’s Masayoshi Son to launch a venture to build the “iPhone of artificial intelligence”, fuelled by more than ...

SoftBank in talks to invest up to $25bn in OpenAI; Meta sticks with big bet on AI even after DeepSeek shook markets; Microsoft’s cloud sales disappoint as it struggles to meet AI demand

Mar 15, 2024 · A new Abu Dhabi investment company is in talks to back OpenAI’s ambitious chip venture, in the latest effort by the United Arab Emirates to become a global powerbroker in the development of ...

Jan 30, 2025 · SoftBank’s equity investment in OpenAI could cover the latter’s commitment to the US AI infrastructure project, according to several people with direct knowledge of the deal.

Jan 20, 2024 · Sam Altman is in discussions with Middle Eastern investors and chip fabricators including TSMC about launching a new chip venture, as the OpenAI chief executive seeks to satisfy his company’s ...

Nov 21, 2024 · Thrive led OpenAI’s latest funding round, alongside Microsoft, Nvidia, Tiger Global, Coatue Management, Altimeter Capital and early OpenAI investor Khosla Ventures.

Jun 26, 2024 · VW’s shares fell, however, in early European trading as investors reacted negatively to the cost of the 50/50 joint venture with the US group. Here’s more on the deal.

Nov 6, 2023 · Investment in Aleph Alpha involves equity injection, research grants and commitments to joint business development

Dec 17, 2024 · The new capital will help Databricks compete with AI start-ups such as OpenAI and Anthropic for talent, said Ali Ghodsi, co-founder and chief executive of Databricks.

Dec 23, 2020 · The joint venture, tentatively named LG Magna e-Powertrain, will employ about 1,000 people in the US, Seoul and China and service orders from Magna and its clients.