Most U.S. banks — 80% in fact — increased their artificial intelligence spending for 2025, according to American Banker's ...

Sam Altman's company OpenAI has made a groundbreaking $6.4 billion purchase ... oaks that are centuries old," said Dickinson. "He gets it. He’s enthusiastic about it. He’s not a group ...

OpenAI announced similar news in October, when CNBC reported it had received a $4 billion revolving line of credit. The influx brought the company's total liquidity to more than $10 billion and ...

(Bloomberg) -- CoreWeave Inc. has secured a deal worth as much as $4 billion to provide additional cloud computing capacity to artificial intelligence leader OpenAI, expanding a tie-up between the two ...

CoreWeave (CRWV) stock whipsawed Thursday as investors digested its high capital expenditure forecast and a new $4 billion deal with OpenAI. Shares of the Nvidia-backed (NVDA) AI data center firm ...

who also chairs OpenAI and previously co-led Salesforce. That company has reportedly reached a valuation of $4.5 billion. It also reflects a broader trend: seed rounds, especially in AI ...

So how did cofounders Chase Lochmiller and Cully Cavness end up building the first phase of the world’s biggest AI datacenter – $500 billion Project Stargate – for OpenAI ... $3.4 billion ...

In 2024, Airbnb recorded an 11% growth in pre-tax earnings at about $4 billion compared to 2023 ... credits Chesky for advice that helped save OpenAI and prevented Altman from making mistakes ...