OpenAI receives $11 billion in funding, Bloomberg reports
OpenAI has received roughly $11 billion in the first close of a new financing round that values the company at $1.25 trillion, Bloomberg reported, citing people familiar with the transaction.
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Capex, raises, earnings, and the money moving into sites, chips, and labs.
OpenAI has received roughly $11 billion in the first close of a new financing round that values the company at $1.25 trillion, Bloomberg reported, citing people familiar with the transaction.
A developer seeking county approval for a 6-gigawatt AI data-center campus in Cochise County, Arizona, said in a Nov.
Applied Compute has raised $350 million at a $3.25 billion valuation in a round led by Elad Gil, the company said on Nov.
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Candidates who favor stricter oversight of artificial intelligence racked up wins in key congressional races, aided by a pro-regulation political funding group backed in part by Anthropic PBC at a time when Americans…
Gina Hinojosa has begun assembling a Texas administration that must reconcile her proposed data-center moratorium with promises of jobs and lower household costs.
Anthropic is poised to become the first pure-play AI company to hit the public market at a time when the public is increasingly leary of the industry.
Solidigm, a subsidiary of SK Hynix, is considering building a NAND flash wafer fab in the US.
IonQ raised its 2026 revenue forecast to US$505 million-US$515 million after reporting record third-quarter revenue of US$173.8 million, as its quantum computing business expanded across data centers, defense programs,…