Chinese AI lab DeepSeek sent a shockwave through the tech sector this week after releasing its R1 large language model (LLM) ...

OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.

OpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company's ...

SoftBank would lead $40 billion round for the ChatGPT maker, some of which would go to Stargate AI infrastructure venture.

Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become ...

Alibaba Group Holding Ltd (NYSE: BABA) is inching up this morning as investors continue to hail its launch of a new AI model ...

A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the ...

Since Chinese artificial intelligence (AI) start-up DeepSeek rattled Silicon Valley and Wall Street with its cost-effective ...

Analysts say China’s AI investment is just beginning to pay off, with more firms expected to launch their own models soon.

DeepSeek and Alibaba’s AI models cost anywhere from 80% to 95% less than OpenAI’s GPT-4. Besides its open-source availability, one of the core selling points of DeepSeek R1 is the low cost of its ...

Alibaba Cloud, the cloud computing arm of China’s Alibaba Group Ltd., has released its latest breakthrough artificial ...

Microsoft MSFT.O has made Chinese startup DeepSeek's R1 artificial intelligence model available on its Azure cloud computing ...