OpenAI warned investors that its heavy dependence on Microsoft Corp. for "a substantial portion of our financing and compute" ...

Arm Holdings saw its shares rise 19% after unveiling its first data centre CPU, entering direct competition with major tech ...

OpenAI is on track to raise $120 billion in a funding round backed by a broad mix of investors, CFO Sarah Friar said Tuesday ...

Elon Musk’s rocketmaker SpaceX has told investors it hopes to raise roughly $75bn in its initial public offering, raising its ...

A fund with exposure to hot private companies such as Anthropic, OpenAI and SpaceX has become one of the most explosive investments, just a week after its public debut on the New York Stock Exchange.

Credit: Shutterstock / Sora is dead. OpenAI debuted the sequel version Sora 2 just this past fall, even if it proved to be ...

OpenAI is shutting down its Sora video app six months after launch and Disney's $1 billion deal is off. Here is what happened ...

Before Disney's AI-generated versions of Mickey Mouse, Darth Vader and more hit OpenAI's Sora, the AI company abruptly pulled ...

Disney, which signed a groundbreaking $1 billion deal with OpenAI in December, is pulling out after Sora was canceled.

There is a rush to invest in the fastest-growing private companies before they go public, despite legal and financial risks.

As the ChatGPT-maker eyes an IPO, it's ditching Sora in favor of a unified AI assistant and enterprise coding tools.

As both AI labs prepare for potential IPOs, a fundamental accounting divergence around hyperscaler revenue share is drawing ...