Topic: circular deals
-
OpenAI Backs Sam Altman's Brain-Computer Startup Merge Labs
OpenAI has made a major strategic investment in Merge Labs, a brain-computer interface startup founded by its CEO Sam Altman, placing it in direct competition with ventures like Neuralink. Merge Labs is pursuing non-invasive neural technology, aiming to connect with neurons using molecules instea...
Read More » -
Amazon Eyes $10 Billion OpenAI Investment in Major AI Deal
Amazon is reportedly in talks to invest up to $10 billion in OpenAI, a deal that could value OpenAI at over $500 billion and involve the use of Amazon's AI chips. This move is part of Amazon's broader strategy to expand its AI influence, following a major investment in competitor Anthropic and th...
Read More » -
OpenAI's Latest Partnership: A Strategic Move
OpenAI has formed a strategic partnership with private equity firm Thrive Holdings, taking an ownership stake to accelerate AI adoption in IT services and accounting within its portfolio companies. The non-cash deal involves OpenAI contributing its employees and technology in exchange for a share...
Read More » -
OpenAI's Sam Altman Teases More Major Deals After Big Tech Partnerships
OpenAI is forming major technology partnerships, including unique equity and infrastructure deals with AMD and Nvidia, to support the development of next-generation AI models and enable an aggressive expansion of its data center capacity. The company has committed to over $1 trillion in infrastru...
Read More » -
Nvidia's $2B Synopsys Deal Tightens Grip on Chip Design
Nvidia is investing $2 billion in Synopsys to integrate its AI hardware into Synopsys's chip design software, aiming to accelerate semiconductor development. The investment strengthens Nvidia's strategic influence in foundational chip design tools and provides Synopsys with stability and growth c...
Read More »