OpenAI could now be the world’s most valuable startup, ahead of Elon Musk’s SpaceX and TikTok’s parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker ...
The 10 wealthiest people on the planet are jointly worth around $2.5 trillion, as AI buzz has boosted tech stocks such as Larry Ellison's Oracle.
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer Clay Magouyrk ...
OpenAI has completed a deal with investors that values the ChatGPT maker at around $500 billion, according to people familiar with the matter, giving the startup a valuation on par with global ...
As OpenAI's valuation heads even higher, there's more pressure on the company to generate revenue. The ChatGPT creator has a few fresh initiatives in the works. OpenAI has made a few recent moves that ...
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