01
Technology
OpenAI says ChatGPT now handles a fifth of Google's search volume
The claim is unverified and based on a definition that counts only queries triggering a web search, but it is a sharp shift in how users may look for information.
Initial public offering: the first time a private company sells shares on a stock exchange, after which anyone can buy them.
The claim is unverified and based on a definition that counts only queries triggering a web search, but it is a sharp shift in how users may look for information.
Lower funding would leave OpenAI with less capital than its earlier plans, while investors have grown wary of heavy AI infrastructure spending.
Free cash flow turning negative at several big tech firms could make the pressure on AI funding harder to ignore, including for Anthropic's planned IPO.
Amazon's convertible notes and preferred stock could give it far more than the VC firms, though a 12% conversion cap limits its share count.
Rising gas prices and tighter grid rules could raise the cost of Anthropic's expansion and, over time, household energy bills.
The founders' group will hold 50.1% of voting power, so public shareholders will have limited control over the company's direction.
The parent will keep Solidigm in-house and still expects to build a new US plant, though key details remain undisclosed.
The round, if completed, would make OpenAI the most valuable private company on record and raise the bar for its planned IPO.
The round would extend a fast run of valuation increases and could lead to a China listing as early as next year.
The move links equipment access for its Dalian factory to plans for a new U.S. semiconductor plant, as Washington keeps tighter export rules in place.
The listing would give Jio a public market valuation near ₹10.3 trillion and direct up to ₹275 billion toward debt repayment.
The Nvidia-backed AI data centre operator will now seek private funding instead of testing public markets.
The new fund gives the venture arm more capacity to support startups in markets that still draw far less capital than Silicon Valley.
The raise would give Lambda more room to keep growing before a planned 2027 public listing after its IPO timetable slipped.
Altman says waiting too long would also hurt the company and the wider ecosystem.
The prospectus shows a swing to profit alongside massive planned outlays and unusually direct disclosures about AI risks.
Most of the package is available now, with Nvidia’s $1 billion due in mid-November.
The Norway hosting setup exposes how Chinese-backed firms can lawfully tap top Nvidia chips abroad despite U.S. export limits.
Huge compute and infrastructure spending forces OpenAI to seek more capital while pushing back its listing.