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OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
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Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
Ola faces insolvency pleas from Rosmerta Digital Services Pvt. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively. Ola said it strongly disputes the claims and is seeking legal advice on the matter.
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Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
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SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
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Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
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OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
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Trump Announces Stargate, A $500 Billion Artificial Intelligence Initiative
US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI.
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Softbank, Oracle, OpenAI To Build $500 Billion Worth AI Infrastructure In US
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
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Ola Electric's Dominance Fades as Country's E-Scooter Battle Intensifies
Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month.
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SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
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SoftBank Group's Arm Plans to Launch Its Own AI Chips in 2025: Report
SoftBank Group's Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday.
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Ola to Shutdown Operations in UK, Australia, New Zealand; to Focus on India Business
Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand and will continue to focus on India business, its promoter ANI Technologies said on Tuesday.
![Gadgets 360 With Technical Guruji: News of the Week [February 1, 2025]](https://c.ndtvimg.com/2025-02/45d12tsg_news-of-the-week_160x120_02_February_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [February 1, 2025]")
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OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
-
Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
Ola faces insolvency pleas from Rosmerta Digital Services Pvt. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively. Ola said it strongly disputes the claims and is seeking legal advice on the matter.
-
Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses
Ola Electric Mobility is laying off over a thousand employees and contract workers,, people with knowledge in the matter have told the media. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be identified as the i...
-
SoftBank, OpenAI Announce Joint Venture To Offer AI For Companies
Japan's SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
-
SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
-
Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
-
OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
-
Trump Announces Stargate, A $500 Billion Artificial Intelligence Initiative
US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI.
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Softbank, Oracle, OpenAI To Build $500 Billion Worth AI Infrastructure In US
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
-
Ola Electric's Dominance Fades as Country's E-Scooter Battle Intensifies
Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month.
-
SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
-
SoftBank Group's Arm Plans to Launch Its Own AI Chips in 2025: Report
SoftBank Group's Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday.
-
Ola to Shutdown Operations in UK, Australia, New Zealand; to Focus on India Business
Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand and will continue to focus on India business, its promoter ANI Technologies said on Tuesday.
