Sam Altman, CEO of OpenAI, backed by Microsoft ( MSFT, Financials ), is pursuing a $150 million funding round for Rain AI, a ...

Notably, Altman has a history of supporting Rain AI. He had invested heavily in the company's $25 million seed round in 2022.

The paper explores how economies of scale and competition dynamics in the foundation model market favor dominant players like ...

We recently compiled a list of the 15 AI News Updates You Might Have Missed. In this article, we are going to take a look at ...

Broadcom's AI segment is expected to generate 25% of its revenue in 2024, benefiting from partnerships with OpenAI. Read why ...

Shares of Microsoft and Meta Platforms trade at much higher prices than their tech-sector peers in the trillion-dollar club.

Global markets edged higher as a cooling of tensions between Russia and the West supported some investor confidence ahead of ...

Japan is readying a US$65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a global ...

OpenAI CEO Sam Altman is leading a $150 million funding round for semiconductor startup Rain AI, aiming to challenge Nvidia's ...

Indian news agency ANI has sued OpenAI in a New Delhi court, accusing the ChatGPT creator of using its published content ...

The Nvidia CEO said computing power is increasing fourfold annually, which would lead to huge improvements over 10 years.