OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech ...

(Reuters) -OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion ...

A stipulation of the funding round, led by SoftBank, is adding pressure to OpenAI’s efforts to convert to a for-profit ...

The all-stock deal announced on March 28 consolidates two of Mr Musk’s multiple portfolio companies. Read more at ...

Artificial intelligence startup Scale AI is seeking a valuation as high as $25 billion in a potential tender offer as it ...

Nvidia GPU and AI startup CoreWeave sets IPO at $51 per share, 47 million shares for market value of $2.7 billion with OpenAI ...

Elon Musk's xAI has acquired social media platform X in a $33 billion all-stock deal, combining AI development with user data ...

Elon Musk announced in a post on X that his artificial intelligence company, xAI, had acquired the social media platform in ...

Here's what you need to know this week about artificial intelligence in the Bay Area: Anthropic and Databricks team up to ...

Scale AI, a buzzy data-labeling startup, is seeking a $25 billion valuation in a potential tender offer, according to sources ...