OpenAI CEO Sam Altman cautions investors about an impending AI bubble burst while simultaneously seeking a staggering $500 billion valuation for OpenAI, planning to invest trillions in data centers despite acknowledging overexcitement and implementation challenges plaguing the industry.
In a major coup, Google secures a staggering $10 billion AI cloud deal with Meta over six years, solidifying its position as a leading provider of artificial intelligence infrastructure as Meta doubles down on developing its Llama family of AI models.
Google and GSA unveil 'Gemini for Government' agreement offering federal agencies access to Google's AI models, agents, and cloud infrastructure at discounted rates to accelerate AI adoption across government as outlined in America's AI Action Plan.
FieldAI, backed by Jeff Bezos and Nvidia, secures over $400 million to develop AI 'brains' that control third-party robots using models trained on real-world data, powering the next generation of intelligent robotics.
SoftBank injects $2 billion into Intel, acquiring a 2% stake as the chipmaker battles Nvidia in the AI race, with Intel shares rising 6% on the investment announcement.
Geoffrey Hinton, AI pioneer, warns superintelligent AI could pose existential threat to humanity within 5-20 years if not imbued with 'maternal instincts' and compassion for humans during development.
SoftBank's quarterly profits soar on AI investments like Nvidia and startups, while offloading T-Mobile stakes and delaying its $500 billion Stargate AI project with OpenAI due to market volatility.
SoftBank's Masayoshi Son tearfully laments selling $160 billion Nvidia stake for $4 billion, shifting focus to new $100 billion fund aimed at realizing artificial superintelligence.
Mark Zuckerberg aggressively lures elite AI researchers, offering salaries exceeding $1 billion, to bolster Meta's quest for AI supremacy through a new superintelligence lab, poaching over a dozen staffers from Mira Murati's AI startup.
In a groundbreaking partnership, Saudi Aramco and Google AI firm SandboxAQ use quantum computing to transform carbon emissions into profitable products, making fighting climate change lucrative for oil giants and accelerating the shift to cleaner energy.