OpenAI CEO Sam Altman downplayed the significance of a new artificial intelligence (AI) model released by Chinese startup DeepSeek on Thursday, saying it did a “couple of nice things” but has been

OpenAI is in talks to raise another giant round, of about $40 billion, led by SoftBank, which would value the ChatGPT maker at $300 billion including the investment—nearly double its valuation late last year in a Thrive Capital-led

Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.

OpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company's valuation to as high as $340 billion, CNBC has confirmed.

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As a result a big change is afoot in the economics of a digital economy built on providing cheap services to large numbers of people at low marginal cost, thanks to free distribution on the internet.

Discover 10 practical ways OpenAI Operator can automate tasks, boost productivity, and simplify workflows for professionals and everyday

The news that an affordable artificial intelligence by DeepSeek, a Chinese AI startup, has outperformed ChatGPT developer OpenAI on several benchmarks has upended the global AI industry. Tech analysts in the US are closely watching the emergence of a new contender in the field while noting that DeepSeek’s achievements epitomize the normal tendency for costs to fall with technological advancement.

Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy.

The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.

Research Firm Wiz Research began investigating DeepSeek soon after its generative AI took the tech world by storm.