OpenAI is forecasting a major shift in the next five years around who it gets most of its computing power from, The Information reported on Friday. By
OpenAI is reportedly planning to shift its compute needs away from Microsoft and instead rely on capacity provided by its Stargate partner SoftBank.
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
New forecasts from OpenAI are showing the beginning of a dramatic shift in its alliances from its largest shareholder, Microsoft (MSFT), to
OpenAI is forecasting a major shift in the next five years around who it gets most of its computing power from, The Information reported on Friday. By
Financial forecasts from OpenAI to investors have highlighted an increased reliance on Japanese tech conglomerate SoftBank (SFTBY), at the expense of Microsoft (MSFT). Read for more.
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech giant plans to
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
SoftBank Group plans to borrow US$16 billion ($25.8 billion) to invest in artificial intelligence, the company's executives told banks last week, according to sources cited by The Information.
OpenAI is reportedly planning to shift its compute needs away from Microsoft and instead rely on capacity provided by its Stargate partner SoftBank.
Last week as Elon Musk seemed to place his OpenAI offer on and off the table daily, something else OpenAI-related caught our eye — SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter.
SoftBank Group CEO Masayoshi Son is planning significant financial maneuvers with $16 billion borrowed for AI investments. The group may borrow an additional $8 billion by 2026. This move includes substantial stakes in Stargate and OpenAI,