The fresh capital brings OpenAI's historic fundraise to $120 billion, exceeding the ChatGPT creator's initial target of $100 billion.

March 27 (Reuters) - SoftBank Group said on Friday it has secured a $40 billion bridge loan to bolster investments in ChatGPT-maker OpenAI and for general corporate purposes, marking another significant step in its artificial intelligence strategy.

Six months and millions of dollars down the drain, OpenAI is pulling the plug on what it once called “the most powerful imagination engine ever built.”

OpenAI's nascent ads business has surpassed $100 million in annual recurring revenue less than two months after launching its pilot in the U.S.

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site.

Codex's new plugins push it beyond coding and position it to challenge Claude Code's growing lead among developers.

But Sora is an odd duck. The second-generation model is impressive, nabbing a slot in CNET's ranking of AI video tools. But the social media app is bizarre. Half AI, half social media, all fake.  Whatever Sora was meant to be,

Apple gave its iPhone Product Design team bonuses worth "several hundred thousand dollars" in an effort to keep them from being poached by other companies, reports Bloomberg. The bonuses were provided as restricted stock units (RSUs) that will vest over a four-year period.