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SoftBank secures $40B loan to boost OpenAI investments
SoftBank secures a $40 billion bridge loan to enhance investments in OpenAI and advance its artificial intelligence strategy.
Encyclopedia Britannica sues OpenAI over AI training
Encyclopedia Britannica and Merriam-Webster sued OpenAI in Manhattan federal court for allegedly using their content without permission to train AI models like ChatGPT.
US Treasury, federal housing agency ending use of Anthropic products
The US Treasury and Federal Housing Finance Agency are terminating all use of Anthropic AI products following President Trump's directive amid national security concerns.
OpenAI’s $110 billion funding round draws investment from Amazon, Nvidia, SoftBank
OpenAI secures $110 billion in funding from Amazon, Nvidia, and SoftBank, valuing the AI firm at $840 billion ahead of its planned IPO.
SoftBank completes $40B OpenAI investment
Dec 30 (Reuters) – SoftBank Group has completed its $40 billion investment in OpenAI, a source familiar with the matter said on Tuesday, marking one of the largest private funding rounds ever and deepening founder Masayoshi Son‘s bet on AI. SoftBank has been building one of the largest private technology investment programs in the world, […]
Disney invests $1B in OpenAI, strikes Sora licensing deal
Disney will invest $1B in OpenAI and license 200+ characters to Sora, while demanding Google stop using its content to train AI models.
OpenAI and Taiwan’s Foxconn to partner in AI hardware design and manufacturing in the US
OpenAI teams up with Foxconn to design and build AI data center equipment in the U.S., boosting American AI infrastructure and manufacturing capacity.
Anthropic invests $50B in AI data centers, Microsoft expands
Anthropic plans $50B in AI data centers; Microsoft builds new Atlanta facility as tech giants expand energy-heavy AI infrastructure.
SoftBank sells Nvidia stake, profit triples on AI boom
SoftBank sold its Nvidia stake for $5.8B as profit tripled, shifting focus to OpenAI and major AI investments.
Reddit sues Perplexity, others for alleged data scraping
Reddit sued Perplexity AI and others, accusing them of scraping user content for profit and bypassing anti-scraping measures.
OpenAI partners with Broadcom to design custom AI chips
OpenAI and Broadcom will co-develop custom AI chips set to launch in 2026, expanding OpenAI’s efforts to build its own hardware.
Stocks rebound as Trump softens China tariff stance
NEW YORK (AP) — And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1.6% in its best day since May and recovered just over half its drop from […]
