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fromSilicon Canals
1 day ago
Venture

OpenAI closes $40B funding round as AI arms race enters its most expensive phase yet - Silicon Canals

OpenAI raised $40 billion, the largest private capital raise in history, valuing the company at $300 billion, with funds directed toward compute infrastructure, research, and global expansion.
fromSilicon Canals
2 days ago
Venture

OpenAI closes $40B funding round as enterprise AI spending hits record highs - Silicon Canals

OpenAI closed a $40 billion funding round at $300 billion valuation, becoming one of the most valuable private companies, with capital directed toward compute infrastructure, research, and enterprise product expansion.
fromSilicon Canals
1 day ago
Venture

OpenAI closes $40B funding round as AI arms race enters its most expensive phase yet - Silicon Canals

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fromwww.mercurynews.com
6 months ago

Intel's $24 billion rally sends valuation to dot-com levels

Shares of the struggling chipmaker have rallied 28% this month, adding about $24 billion in market value, on reports that the US government is in talks for a potential equity stake, as well as plans for a $2 billion investment from Japan's SoftBank Group Corp. The jump has Intel trading at 53 times profits projected over the next 12 months, the highest since early 2002, according to data compiled by Bloomberg.
Business
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