Samsung, OpenAI, and SoftBank Leaders Convene in Seoul to Explore AI Collaborations

February 5, 2025 – According to reports, Lee Jae-yong, Vice Chairman of Samsung Electronics, Sam Altman, CEO of OpenAI, and Masayoshi Son, CEO of SoftBank, held a tripartite meeting in Seoul, South Korea on Tuesday to explore potential collaboration opportunities in the field of artificial intelligence. Insights from informed sources reveal that Altman had initially…

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Microsoft Gives OpenAI More Freedom in AI Compute, Sparking a $500 Billion ‘Stargate’ Venture

January 22, 2025 – Microsoft announced an adjustment to its partnership with OpenAI yesterday, January 21st, allowing OpenAI to utilize computing resources from competitors. This modification is aimed at accommodating OpenAI’s escalating demand for computational power and easing tensions between the two parties arising from compute supply issues. Previously, OpenAI’s compute requirements were exclusively reliant…

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Stargate: A $500 Billion Investment in AI Infrastructure Led by Tech Leaders OpenAI and SoftBank

January 22, 2025 – Today, technology giants including OpenAI and SoftBank announced their joint venture into a new project named “Stargate.” This newly established company, Stargate, aims to invest $500 billion over the next four years to build AI infrastructure in the United States for OpenAI. Both OpenAI and SoftBank have stated that they will…

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OpenAI CFO Calls Musk’s Suit a ‘Competitive Tactic,’ Says AI’s High Costs Make Nonprofit Model Unsustainable

January 22, 2025 – During the World Economic Forum in Davos, Sarah Friar, the Chief Financial Officer of OpenAI, sat down for an interview with Bloomberg to discuss Elon Musk’s legal efforts to prevent OpenAI’s transition to a for-profit company. She characterized these actions as a form of competition. “We hope he doesn’t continue to…

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Microsoft and OpenAI Clash Over Cloud Collaboration and Revenue Sharing Terms

December 27, 2024 – According to recent reports from The Information, Microsoft and OpenAI are engaged in a dispute over the terms of their collaboration, with friction points primarily centering around their cloud computing transactions, revenue sharing, and intellectual property (IP) issues. It is alleged that since approximately October, Microsoft and OpenAI have been in…

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