Sources: SoftBank plans to invest up to $3B to remodel an EV plant in Lordstown, Ohio, that will produce equipment for OpenAI's forthcoming US data centers
Sri Muppidi / The Information :
Source: Delaware's AG is hiring an investment bank to independently value the equity that OpenAI's nonprofit parent will hold in the new for-profit entity
Wall Street Journal :
OpenAI acquires io, Jony Ive's secretive AI startup, for nearly $6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI
OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal …
SoftBank, which sources say is in talks to invest $15B-$25B in OpenAI and $18B in Stargate, could borrow against its $140B+ Arm stake to fund the investments
Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer — In his newly built palace near Tokyo …
OpenAI buys Rockset, an enterprise search and analytics startup that raised $105M, integrating both the tech and staff of an acquisition for the first time
great technology that will help power retrieval across our products and research, and even more importantly a great team: @8teapi : Real vibe shift in the comments. The plebes want their circuses. @cl...
Docs: Tumblr staff compiled users' data in preparation for deals where parent company Automattic would sell the data to OpenAI and Midjourney to train AI tools
Tumblr and WordPress.com are preparing to sell user data to Midjourney and OpenAI, according to a source with internal knowledge …
Sources: UK chip designer Graphcore explores a sale to foreign owners in a deal that could be worth $500M+; rumored buyers include OpenAI, SoftBank, and Arm
Report Andrew Davis / Bloomberg : UK's Graphcore Mulls Sale to Foreign Buyer, Telegraph Says Nausheen Thusoo / CoinGape : AI Pioneer Graphcore Mulls a Potential Foreign Sale After Struggling to be Pro...
Sources: UK chip designer Graphcore explores a sale to foreign owners in a deal that could be worth $500M+; rumored buyers include OpenAI, SoftBank, and Arm
Graphcore in talks with major tech companies after struggling to cash in on AI boom — The British microchip champion Graphcore …
TripActions rebrands as Navan, consolidates its travel, corporate card, and expense services into one app, and plans to integrate OpenAI's ChatGPT
With the reset, the business-travel software startup is taking on market leader Concur with new tools, CEO says