OpenAI is allowing its current employees to sell shares in a tender offer to Softbank.

AI coins show signs of recovery as Sam Altman's OpenAI allows its employees to sell shares worth $1.5 billion to SoftBank.

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

A group of artists who were testing OpenAI's Sora text-to-video tool leaked access to it late on Tuesday, focing OpenAI to ...

Happy Thursday! SoftBank's Masayoshi Son outlined plans to make India a global chip hub, during his India visit. This and ...

The last time that Databricks was able to raise funding amounted to $500 million at $43 billion valuation. In that funding ...

Also in today’s newsletter, BYD demands suppliers slash prices, and Infosys chair predicts companies will develop their own AI models ...

Chairman of the Saudi Federation for Cybersecurity, Programming & Drones officially opens Black Hat MEA 2024, the world’s ...

Good morning. Israeli and Lebanese leaders have accepted a US-brokered ceasefire deal, President Joe Biden said yesterday, raising hopes of an end to the year-long hostilities between Israel’s forces ...

SoftBank just made a blockbuster move, snapping up $1.5 billion worth of OpenAI shares in a tender offer aimed at current and ...

OpenAI enables employees to sell up to $1.5 billion worth of shares in a tender offer led by SoftBank Group SFTBY SFTBF. What ...

It is the latest in a series of recent artificial-intelligence bets made by SoftBank and its investment funds, under founder ...