Tag: oracle

SoftBank CEO Masayoshi Son. (Reuters)
Posted in Business

SoftBank offloads entire Nvidia stake for $5.8 billion in surprise move| Business News

SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi Son to…

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Sam Altman, chief executive officer of OpenAI Inc. (Bloomberg)
Posted in Business

OpenAI wants US government loans to fund its AI investments of over $1 trillion| Business News

ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually…

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Sam Altman-backed college startup Campus acquires Sizzle AI; hires Meta’s exec as technology head
Posted in Startups

Sam Altman-backed college startup Campus acquires Sizzle AI; hires Meta’s exec as technology head

Sam Altman-backed college startup Campus has roped in Meta’s former artificial intelligence (AI) vice president Jerome Pesenti as its technology head, the company announced Friday….

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