AI video startup OpusClip raises $20 million from SoftBank's Vision Fund 2 at a $215 million valuation
SoftBank is betting big on AI again with a new investment into multimodal AI video startup OpusClip.
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Oracle Has Some Big Advantages To Mainstream AI
Oracle’s cloud may be been in the running to be the host of a massive AI training system for Elon Musk’s xAI startup, with a ...
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Agency AI use case inventories must stay, groups tell Trump officials
A letter signed by 18 civil society organizations implores the OMB and OSTP heads to make sure agencies continue to maintain ...
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From Billions to Trillions: Data Centers' New Scale of Investment
AI data centers are pushing spending to historic highs. This article tracks OpenAI, Apple, and the Stargate Project’s role in ...
Oracle: Durable Growth Can Deliver Good Returns
FY2025 results show strong revenue growth, with cloud services up 10% y/y and total revenue up 6% y/y to $14.1 bn. Read more ...
OpenAI urges U.S. to allow AI models to train on copyrighted material
OpenAI is asking the U.S. government to make it easier for AI companies to learn from copyrighted material, citing a need to ...
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From Toyota to Nissin, Japan companies open spigot on US investment
Other investment has been spurred by the growing US appetite for Japanese food. Nissin Foods Holdings will in August start up ...
White House seethes over ‘stab in the back’ by OpenAI chief Sam Altman
Trump’s team made AI the top item on Trump's first 100 hours “Golden Age” list, but now some are regretting that.
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Trump’s Stargate Project Just Created 64,000 Reasons to Buy Nvidia Stock
The “Stargate” project was unveiled at the White House alongside SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle co-founder Larry Ellison. The executives committed an initial $100 ...