OpenAI may have billions of dollars in the bank. But it's gearing up to raise billions more, according to a Wall Street Journal report.

SoftBank would lead the $40 billion round for the ChatGPT maker, some of which would go to the Stargate AI infrastructure venture.

The American company OpenAI has accused the Chinese startup DeepSeek of using its proprietary AI models. According to reports by the British newspaper "Financial Times" on Wednesday, these models were allegedly used to train the artificial intelligence developed by the Chinese company.

OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.

OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported today.

OpenAI wants to remain the most valuable private company in the world. But it needs money to do so: 40 billion US dollars.

Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.

SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, Reuters had reported on Wednesday, citing a person familiar with the matter.

OpenAI is in early talks to raise up to $40B in a funding round that would value the ChatGPT maker at $340B, The Wall Street Journal’s Berber

From IBM's solid quarterly numbers to Microsoft's weak earnings show, here's a look at some of the major developments from across the world.

The release of Chinese AI model DeepSeek led to a stock market rout for U.S. tech firms on Monday. However, Wall Street believes the industry will bounce back.