OpenAI finance chief Sarah Friar said Wednesday that the company continues to face heavy pressure from AI compute demands.

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As a result, its West Texas ‘Frontier’ campus could need temporary gas power until grid connections arrive. Expected to boast a 1.4GW capacity, it could cost Oracle over $1 billion annually to power ...

The start-up also generated US$1 billion in revenue in July, marking its first month hitting that milestone, finance chief ...

STORY: From a potential payday for OpenAI staffers, to a possible setback for DeepSeek, this is AI Weekly.++++Current and former workers at OpenAI could sell $6 billion worth of shares to buyers ...

OpenAI is embarking on a significant expansion, planning trillion-dollar data centers to meet the growing AI computational ...

According to recent accounts, OpenAI is reportedly gearing up for a second stock sale. It would enable current and former employees to cash out their shares at an estimated valuation of around $500 ...

OpenAI, renowned for its AI expertise, is contemplating offering businesses access to its data centers and physical infrastructure, potentially creating a new revenue stream.

MIT’s “GenAI Divide” report reveals only 5% of generative AI pilots succeed, highlighting why startups thrive while most ...

The service would be loosely inspired by the success Amazon.com Inc. found renting out its spare cloud computing capacity to ...

Oracle has now become the backbone for many AI companies. Things really took off for the company when TikTok came aboard, and ...

Sarah Friar, the Chief Financial Officer of Microsoft-backed ($MSFT) AI firm OpenAI, said on CNBC that even though the ...