OpenAI has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares.
Read More OpenAI hits $500 billion valuation after share sale to SoftBank, others, source saysTag: SoftBank
Nvidia to invest $100 billion in OpenAI, linking two artificial intelligence titans
Nvidia will invest up to $100 billion in OpenAI and supply it with data center chips, marking a tie-up between two of the highest-profile players in the global AI race.
Read More Nvidia to invest $100 billion in OpenAI, linking two artificial intelligence titansDeSantis labels H1-B work visa program a ‘total scam,’ criticizes policy allowing 600K Chinese students to study in U.S.
Florida GOP Governor Ron DeSantis recently described the H-1B visa program as a “total scam,” arguing that it enables American companies to neglect hard-working domestic workers in favor of cheap foreign labor, stemming mostly from India.
Read More DeSantis labels H1-B work visa program a ‘total scam,’ criticizes policy allowing 600K Chinese students to study in U.S.AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browser
Buying Chrome would allow the startup to tap the browser’s more than three billion users for an edge in the AI search race.
Read More AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browserTrump signs 3 AI-focused EOs, proclaims the U.S. will do ‘whatever it takes’ to win AI race
President Donald Trump pledged that the United States will do “whatever it takes” to secure global leadership in the field of artificial intelligence (AI), unveiling a newly released AI strategic action plan on Wednesday.
Read More Trump signs 3 AI-focused EOs, proclaims the U.S. will do ‘whatever it takes’ to win AI raceHyundai Announces $20B U.S. Investment, Including Louisiana Steel Plant, Amid Tariff Concerns
Car manufacturer Hyundai plans to invest $20 billion in the United States, including into a new steel plant in Louisiana, adding to the list of major foreign businesses set to move more of its operations to America in order to avoid tariffs.
Read More Hyundai Announces $20B U.S. Investment, Including Louisiana Steel Plant, Amid Tariff Concerns
