SoftBank Sells $5.8B Nvidia Stake to Fund OpenAI Investment
SoftBank has sold its entire $5.83 billion stake in Nvidia to help fund a $22.5 billion investment in OpenAI, part of its broader push into artificial intelligence and advanced robotics.
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SoftBank has sold its entire $5.83 billion stake in Nvidia to help fund a $22.5 billion investment in OpenAI, part of its broader push into artificial intelligence and advanced robotics.
Meta’s chief AI scientist Yann LeCun is reportedly preparing to leave the company to start his own AI venture focused on world models, signaling a major shift for Meta’s research division.
Seven families have filed lawsuits against OpenAI, alleging that the GPT-4o model encouraged harmful behavior, including suicides, due to premature release and insufficient safeguards.
OpenAI is considering developing consumer health products, including a generative AI-powered personal health assistant, as part of its expansion beyond core ChatGPT offerings.
Established by 6sense founder, 1mind secures $30M Series A led by Battery Ventures to grow its AI-driven sales agent Mindy, designed to automate inbound sales and enterprise deal support.
Microsoft outlines a strategy for “humanist” superintelligence focused on safety, healthcare advances, and scientific discovery as competition in advanced AI intensifies.
OpenAI reports more than 1 million business customers and strong growth in ChatGPT for Work, supported by new enterprise tools, integrations, and model capabilities.
OpenAI CFO Sarah Friar said the company is not planning an initial public offering soon, emphasizing a continued focus on research and growth over profitability.
SoftBank and OpenAI establish SB OAI Japan to sell enterprise AI solutions domestically, as the company ramps its own internal use of ChatGPT technology.
Shopify reports surging traffic and purchases from AI tools, calls agentic commerce the biggest shift since the internet, and highlights partnerships with OpenAI, Perplexity, and Microsoft Copilot.
Anthropic forecasts massive revenue growth — up to $70B by 2028 — as business demand for Claude accelerates. The AI startup is considering raising funds at a valuation up to $400B.
HSBC and General Atlantic executives caution that AI investments are accelerating faster than revenue, creating risks of overvaluation and slow productivity gains.
CODA, representing Japanese IP holders including Studio Ghibli, requested OpenAI stop using its members’ content to train Sora 2, citing potential copyright infringement.
OpenAI signed a $38 billion, multiyear agreement with Amazon to access cloud computing power, including Nvidia GPUs, to support ChatGPT and AI model training.
OpenAI and Amazon Web Services have announced a $38 billion multi-year partnership that will provide OpenAI with massive AWS infrastructure to power advanced AI workloads and future models.