OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.

On Wednesday, OpenAI shared with ZDNET that there are 10 Sora generations per second worldwide. That translates to 600 videos being generated every minute. The top five cities for Sora adoption are Seoul, New York City, Tokyo, Los Angeles, and Singapore, listed from highest to lowest.

OpenAI is taking its ChatGPT chatbot to the next level, adding a feature to automate tasks like planning vacations, filling out forms, making restaurant reservations and ordering groceries. The tool, announced on Thursday, is called Operator. OpenAI ...

DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT while costing far less.

Ripples were felt from Tokyo to Amsterdam to Silicon Valley and even Singapore. Read more at straitstimes.com.

Global technology shares sank on Tuesday, as a market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered its second

The reports came after Chinese start-up DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction of the cost of its US competitors, dealing a blow to markets. The Softbank investment was first reported by the Financial Times.

Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.

On Wednesday, OpenAI shared with ZDNET that there are 10 Sora generations per second worldwide. That translates to 600 videos being generated every minute. The top five cities for Sora adoption are Seoul, New York City, Tokyo, Los Angeles, and Singapore, listed from highest to lowest.

SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal that would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a huge new artificial intelligence infrastructure project.

US markets have been roiled this week by the release of DeepSeek, a low-cost Chinese artificial intelligence chatbot that threatens the dominance of Silicon Valley tech firms — but one company has emerged as the surprise winner.