Forget pocket change: OpenAI just hauled in $122 billion. Everyone expected a cooldown in AI cash; this flips the script—or does it just inflate the bubble?
Imagine borrowing $40 billion with zero collateral, due in just 12 months. SoftBank just did it — all to double down on OpenAI, betting the farm on a blockbuster IPO.
OpenAI's nonprofit arm just pledged a billion bucks to tackle killer diseases and build unbreakable AI. Buckle up—this could redefine tech's role in society.
Your next AI-powered gadget? It might cost more — or arrive later — if oil stays sky-high. The WTO just warned that energy shocks could throttle the AI frenzy powering our economy.