OpenAI staff are looking to sell $6 billion in shares, which could raise the company’s valuation to $500 billion.

At least part of OpenAI’s path to funding the significant cost of AI development will likely include a public offering in the ...

OpenAI CEO Sam Altman told reporters on Thursday that the company plans to spend trillions of dollars to build the infrastructure needed to run advanced ...

Japanese mobile payment app PayPay has confidentially filed for a U.S. listing, a move that could help fund owner Softbank’s AI ambition, the company announced Friday. Founded in 2018, PayPay is the ...

The secondary share investment is on top of SoftBank’s commitment to lead OpenAI’s $40 billion funding round, which values ...

ChatGPT’s mobile app has hit a major mark with $2 billion in consumer spending worldwide since its debut in May 2023, according to new estimates from ...

OpenAI’s current and former employees are in talks to sell $6 billion worth of shares to investors including SoftBank, Thrive Capital, and Dragoneer at a $500 billion valuation, sources told Bloomberg ...

Carrie Wheeler isn’t one of tech’s big names, but she may go down in history as the latest victim of an online mob. The CEO ...

TOKYO -- SoftBank Group has increased its stake in chipmaker Nvidia, the world's most valuable listed company, part of a strategic shift toward artificial intelligence and away from telecommunications ...