(Bloomberg) -- OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, building a massive war chest to stay ahead in the costly race ...

The tech giant doubles its investment in the startup as it aims to compete in the AI arms race.

Amazon announced today that it’s pumping another $4 billion into Claude AI maker Anthropic, bringing its total funding amount ...

OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by ...

OpenAI is permitting its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer, according to ...

By Arsheeya Bajwa and Krystal Hu (Reuters) -Amazon.com pumped another $4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize ...

(Bloomberg) -- Amazon.com Inc. is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals. The new infusion ...

The news comes after OpenAI closed its buzzy funding round earlier this month at a valuation of $157 billion, and also received a $4 billion revolving line of credit. ChatGPT search offers up ...

Last week, OpenAI received a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion. The news came just after OpenAI closed its latest funding round at a $157 ...

Microsoft has invested $13 billion in OpenAI, for example. Amazon invested $4 billion in its partnership with Anthropic, whose chatbot Claude rivals ChatGPT. Google, which also competes with ...

Anthropic is the company behind Claude — one of the chatbots that, like OpenAI’s ChatGPT and Google’s Gemini, has exploded in ...