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Elon Musk loses lawsuit against OpenAI
Elon Musk lost his lawsuit against OpenAI in a California federal court, with the jury ruling the case was brought too late and OpenAI not liable.
Pentagon reaches agreements with top AI companies, but not Anthropic
The Pentagon has reached agreements with seven AI companies, excluding Anthropic, to deploy advanced capabilities on its classified networks.
Oil prices rise with eyes on Iran, UAE; AI concerns weigh on stocks
Oil prices rose amid the Iran conflict stalemate and the UAE quitting OPEC, while AI concerns weighed on U.S. and global stock markets.
OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports
OpenAI has fallen short of its revenue and user growth targets, raising concerns about funding its data-center costs as it prepares for an IPO.
OpenAI breaks off Microsoft exclusivity to free up path for Amazon, Google deals
OpenAI will no longer grant Microsoft exclusive access to its AI models, enabling partnerships with Amazon and Google cloud platforms.
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.
