OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise

OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.

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Arm is releasing the first in-house chip in its 35-year history

Arm is producing its own CPU for the first time. It developed the CPU with Meta, which is also the chip’s first customer.

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Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay

The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).

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The billion-dollar infrastructure deals powering the AI boom

Here’s everything we know about the biggest AI infrastructure projects, including major spending from Meta, Oracle, Microsoft, Google, and OpenAI.

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OpenAI raises $110B in one of the largest private funding rounds in history

The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.

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SoftBank to spend an eye-popping $33B to build huge U.S. gas power plant

If completed, the project would be among the largest and most expensive natural gas power plants.

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Indian vibe-coding startup Emergent raises $70M at $300M valuation from SoftBank, Khosla Ventures

The funding comes as the startup claims it has scaled ARR to $50 million, and is targeting $100 million by April 2026.

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