It could be one of the biggest private computing infrastructure projects in history — or a disaster.
SoftBank has bought $50 million worth of Cipher Mining stock. The new investment will help CIFR build new HPC data centres.
OpenAI could double its market valuation through another round of funding, valuing the AI firm at $340 billion.
OpenAI wants to remain the most valuable private company in the world. But it needs money to do so: 40 billion US dollars.
The cheap, open AI model has sent shockwaves through Silicon Valley. Has Australia already been left behind or does DeepSeek’s rapid rise, despite limited resources, mean something similar could ...
OpenAI is making big moves with its $100 billion Stargate project. Still, despite its massive price tag, the first data center planned for Abilene, Texas, is raising eyebrows about how few people it ...
CHINESE artificial intelligence startup company DeepSeek stunned markets and AI experts with its claim that it built its immensely popular chatbot at a fraction of the cost of those made by American ...
Japanese conglomerate SoftBank reportedly in discussions to invest between $15 billion and $25 billion in OpenAI, according ...
Reports began circulating this week that SoftBank is in talks to invest as much as $25 billion into OpenAI, a move that would ...
Cipher Mining Inc. (CIFR) jumped over 15% in pre-market trading Friday after securing a $50 million PIPE investment from ...
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...