OpenAI board member Summers quits
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Development comes as tech groups bet on potential for AI to accelerate drug discovery and uncover new materials
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SoftBank to invest $3 billion in Ohio factory for OpenAI data center, The Information reports
SoftBank plans to invest up to $3 billion to overhaul an electric vehicle facility in Lordstown, Ohio, which will produce equipment for OpenAI’s forthcoming data centers after being remodeled, The Information reported on Thursday.
Barclays analysts did a deep dive into OpenAI's growth and expansion prospects. Their findings suggest more support for AI infrastructure spending.
Most public companies in OpenAI’s notional market cap weight class are audited by one of the Big Four: Deloitte, EY, KPMG or PwC. At the lower end of large-cap US stocks, names like Grant Thornton or BDO creep in.
Nvidia made waves earlier this year when it announced a $100 billion investment in OpenAI, which will use 10 gigawatts worth of the company's systems. But its quarterly filing underscores that announcing something doesn't guarantee it will actually happen.
With the new ChatGPT for Teachers, users get full access to ChatGPT 5.1 Auto with unlimited messages, search, file uploads, connectors, and image generation, as well as educator-specific onboarding, admin controls, and personalized prompts. The features have already rolled out to 150,000 teachers and staff across U.S. school districts, says OpenAI.
Digital library app maker OverDrive has sued OpenAI in Ohio federal court, alleging that the artificial intelligence startup's Sora video-generation app violates its trademark rights in the "Sora" name.
Larry Summers has held top jobs in academia, government, and finance. But Summers’s role as an advisor and board member at ChatGPT maker OpenAI might have been as consequential as any in his career.
OpenAI rolls out a free, secure ChatGPT for Teachers, giving every U.S. K–12 educator classroom-ready AI tools through 2027.
The growing clout of private companies like OpenAI is causing Wall Street to redraw the boundaries of its equity research business.Morgan Stanley last week launched a dedicated product to cover closely held firms,