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OpenAI has raised an additional $8.3 billion in its latest funding round, pushing its valuation to around $300 billion, according to a report by The New York Times. This funding is part of a broader push to raise as much as $40 billion this year. The money will support OpenAI’s growth in model development, compute…
Amazon has switched on one of the world’s biggest AI data centers to support Anthropic’s Claude chatbot, marking a major step in the race to build next-generation artificial intelligence systems. The huge facility, built under Amazon’s Project Rainier, is designed to train and run powerful AI models at massive scale. It reportedly uses hundreds of…
Singapore gaming-hardware billionaire Min‑Liang Tan says artificial intelligence is set to completely upend the video game sector. Tan, co-founder and CEO of Razer Inc., is shifting his company’s focus away from traditional gaming gear to AI-driven tools for game development and player assistance. His rationale: game hardware is maturing, and real growth lies in software…
Using AI at work can boost productivity — but it also carries risks like “hallucinations,” where tools generate plausible but incorrect information. The key to safe usage? Think of AI as an assistant, not a decision-maker. First, always verify important answers yourself — especially when the stakes are high, like in finance or legal work….
OpenAI and Oracle have partnered with Related Digital to build a large-scale AI data-centre campus in Saline Township, Michigan. The facility is planned as part of the wider “Stargate” infrastructure project, targeting more than 8 gigawatts (GW) of computing capacity across several U.S. sites. Construction is set to begin in early 2026. Officials say the…
Meta Platforms (META.O) announced plans to raise up to $30 billion through a six-part bond offering as it ramps up investment in artificial intelligence and data-centre infrastructure. The bonds will carry maturities ranging from five to 40 years, giving Meta flexibility on timing and cost of funding. Meta also flagged that its capital spending in…
Character.AI, the popular chatbot platform, announced it will stop users under 18 from engaging in open-ended chats with its characters. Starting now, teens face a two-hour daily limit on character chats. From November 25, the company will entirely block chat in the platform’s “conversational” mode for under-18s. Instead, the younger users can only create videos…
Meta Platforms (META) shares experienced volatility following its latest earnings report, not over revenue figures, but due to a massive increase in its AI spending guidance. CEO Mark Zuckerberg’s commitment to building the Artificial Intelligence infrastructure of the future is translating into a sharp rise in Capital Expenditures (CapEx), a move that has deeply unsettled…
Tesla announced it will debut its long-anticipated autonomous vehicle Cybercab at the (CIIE) in Shanghai, running from November 5–10. The electric carmaker shared the news via a post on social media by one of its executives, marking a key milestone in the company’s push into the Chinese market. The Cybercab is part of Tesla’s move…
Elon Musk has introduced Grokipedia, an AI-driven online encyclopedia created by his company xAI. It launched as version 0.1 with approximately 885,000 articles. Musk positioned Grokipedia as a rival to Wikipedia, which he has publicly criticised for having a left-leaning bias. He said the new platform is committed to delivering “the full truth”. Unlike Wikipedia,…
