As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that ...

CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with ...

Palo Alto based AI coding provider Turing has raised $111 million in a Series E funding round, doubling its valuation to $2.2 ...

OpenAI rival Anthropic, the maker of Claude, has closed a deal that cements its place as one of the largest start-ups in the ...

A U.S. judge on Tuesday denied billionaire Elon Musk’s request for a preliminary injunction to pause OpenAI’s transition to a for-profit model but agreed to a fast-track trial in the fall of this year ...

The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the ...

SoftBank Group is in talks to lead a funding round of up to $40 billion in OpenAI at a valuation of $300 billion, Reuters ...

Sutskever’s standing in OpenAI became shakey in 2023 when he led an unsuccessful ouster of CEO Sam Altman. In May of last ...

Despite the revenue growth, Anthropic has projected a burn of $3 billion this year due to high costs of developing its AI ...

CoreWeave is one of the tech companies that has capitalized on the AI boom by leveraging an early investment in Nvidia and ...

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.