SoftBank posted a $2.4 billion gain at its Vision Fund as a jump in the value of its OpenAI investment helped offset losses ...
OpenAI today shared new details about its closely watched effort to change its organizational structure. The ChatGPT developer also indicated that Microsoft Corp. has tentatively approved the ...
The company behind ChatGPT is putting together a team capable of developing algorithms to control robots and appears to be hiring roboticists who work specifically on humanoids. The company has ...
OpenAI (OPENAI) is reportedly working with Softbank’s (OTCPK:SFTBY) (OTCPK:SFTBF) subsidiary Arm (NASDAQ:ARM) to develop a central processing unit chip, as part of its larger deal with Broadcom ...
OpenAI established a for-profit arm valued at $500 billion Tuesday, doing so through a long-anticipated corporate restructure that provides Microsoft with a large stake in the new company as it looks ...
Boosted by OpenAI returns, SoftBank swung to a $1.6 billion profit last quarter after losing $2.4 billion in the same quarter last year.
The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.
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