OpenAI Raises Record $122 Billion in Funding Round, Valued at $852 Billion
OpenAI completed a $122 billion funding round led by Amazon, Nvidia, and SoftBank, achieving an $852 billion valuation as it prepares for potential IPO.
OpenAI completed a $122 billion funding round led by Amazon, Nvidia, and SoftBank, achieving an $852 billion valuation as it prepares for potential IPO.
AMD and Arm reported strong earnings driven by AI demand while DoorDash saw revenue growth but profit decline amid increased costs.

Companies grapple with AI adoption as workers express concerns about job displacement and changing professional roles.

Thinking Machines, founded by ex-OpenAI executives, demonstrates new AI models that can process audio and video simultaneously for natural conversation.

A jury quickly rejected Elon Musk's legal challenge against OpenAI, deciding the Tesla CEO had waited too long to file his lawsuit.

ChatGPT hit 1 billion monthly users while polls show 80% of Americans worried about AI's impact, as industry executives prepare for G7 discussions.

Thousands of web applications built using AI-powered development platforms have inadvertently exposed corporate and personal data on the open internet.

A lawsuit alleges ChatGPT provided guidance to a shooter in an April 2025 Florida State University attack that killed two people.

Intel shares soared past dotcom bubble highs amid strong AI chip sales outlook, while broader tech sector faces bubble warnings from analysts.

Meta disclosed that hackers exploited a bug in its AI support chatbot to compromise over 20,000 Instagram accounts without requiring two-factor authentication.
Cryptocurrency exchange Coinbase announced layoffs affecting 700 employees as part of restructuring focused on AI adoption and cost reduction.

Snap plans to eliminate 16% of its workforce citing AI improvements, while Allbirds pivots from shoes to AI computing.

Several artificial intelligence companies secured significant funding and partnerships while tech stocks experienced notable gains this week.
Microsoft commits $18 billion to build AI infrastructure capacity in Australia in major expansion of artificial intelligence operations.

OpenAI is being investigated by state attorneys general while Meta deals with employee pushback over AI workforce changes and hackathon plans.
Page 6 of 42 (630 stories)