1+ day, 4+ hour ago   (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....

12+ hour, 22+ min ago   (697+ words) Most of those chips are Nvidia's. Oracle's cluster design for its biggest AI deployments connects hundreds of thousands of Nvidia GPUs, and its largest planned builds target up to 800,000 of them. So while Nvidia didn't report this week, a company…...

10+ hour, 29+ min ago   (537+ words) Sam Altman says OpenAI has no plans to go public this year as the company focuses on AI safety, alignment and cooperation with governments OpenAI will not go public in 2026, CEO Sam Altman has said, as the artificial intelligence company…...

2+ hour, 26+ min ago   (343+ words) Oracle Executive Chairman Larry Ellison won't sell 50 million shares of Oracle stock, or $7.5 billion worth of stock at the current price, the company said on Saturday. "No Oracle stock was sold under that plan, and he has no other plans…...

3+ hour, 11+ min ago   (387+ words) Altman said this year would be an 'ill-advised moment' for initial public offering and that a listing won't take place until next year By María Paula Mijares Torres and Se Young Lee OpenAI won’t go public in this year…...

11+ hour, 57+ min ago   (279+ words) According to CEO Sam Altman, the initial public offering (IPO) of OpenAI, the developer of ChatGPT, will no longer take place this year. In an interview with *Fortune* magazine, he cited, above all, the current debate over the dangers of…...

5+ hour, 27+ min ago   (423+ words) Speaking with Fortune editor-in-chief Alyson Shontell at OpenAI's San Francisco headquarters, Altman said the company sees no pressure to rush a listing and that the current climate around artificial intelligence safety makes this the wrong moment to do so. Altman…...

2+ hour, 5+ min ago   (417+ words) OpenAI’s decision comes after dire warnings about rapidly progressing technology and lawmakers’ calls for new rules OpenAI will not go public in 2026, Sam Altman said in a Fortune interview published on Saturday, citing safety concerns over artificial intelligence. “I actually…...

15+ hour, 44+ min ago   (424+ words) I actually think that, given everything happening with safety, right now would be an ill-advised moment to go ‌public, and we don't feel pressure ‌on that," Altman told Fortune. Growing numbers of U.S. lawmakers are calling for new rules…...

7+ hour, 54+ min ago   (20+ words) OpenAI CEO Sam Altman says an IPO won’t happen this year amid AI safety and alignment concerns. Read more here....