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AWS, Meta, Microsoft, Nvidia And Oracle: Five Data Center Deals Worth $676B Announced This Month
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
news.crunchbase20m
SoftBank May Invest Up To $25B Into OpenAI — Report
Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become even closer partners. SoftBank reportedly is looking to invest between $15 ...
Forget mega yachts, AI data centers are quickly becoming the next battleground for billionaires as Zuckerberg pledges $65 billion CAPEX spend in 2025
Following $500 billion Project Stargate launch, Meta is also dolling out the dollars Meta's $65 billion is lower than ...
Anadolu Ajansi29m
FACTBOX - US tech firms 'in deep water' as Chinese ventures take initiative
DeepSeek is a Chinese AI firm specializing in large language models (LLMs). Founded in 2023 by Liang Wenfeng, a co-founder of hedge fund High-Flyer, the company develops open-source AI models.
OpenAI announces US National Laboratories partnership, plans to support work on nuclear security and more
OpenAI struck an agreement with the U.S. National Laboratories and plans to support work on nuclear security and more ...
The Daily Star1h
SoftBank eyes $15-25b investment in OpenAI
Japan’s SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker’s biggest financial backer, the Financial Times reported on Thursday.
Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open-source standard’; no reason to rethink spending
The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.