Tag: Sam Altman

Why KKR, Singtel and Tata Are Selling Their India Data Centre Business

KKR, Singtel and the Tata Group plan to sell STT Global Data Centres India (STT GDC India). They are its key shareholders. The sale could be one of the largest data centre deals in India. According to a report in The Economic Times, the multi-billion-dollar sale comes amid a global rush to add data centre capacity. Hyperscalers and infrastructure providers are driving that rush. STT...

Binance Loses $3.64 Billion in Net Outflows as Customers Rush to Move Funds After Record Hack

Binance recorded $3.64 billion in net outflows after it reopened withdrawals on Sunday. The reopening followed a $6.3 billion hack. Customers rushed to move their funds off the world’s biggest crypto exchange. The Numbers Between 6 a.m. and 3:30 p.m. UTC on Nov. 1, Binance processed $4.65 billion in withdrawals and $1.01 billion in deposits. The exchange shared the figures in a post on X. The net...
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OpenAI’s $555K Safety Hire Targets AI Cyber Breaches and Mental Health Risks

OpenAI seeks a Head of Preparedness at $555,000 plus equity to tackle AI systems discovering critical cyber security flaws and potential mental health impacts,...

OpenAI and AWS Ink $38 Billion Deal to Build AI Infrastructure

OpenAI has signed a $38 billion multi-year agreement with Amazon Web Services (AWS) to run and scale its core artificial intelligence workloads on AWS’s...

OpenAI Partners with Broadcom to Build Custom AI Chips

OpenAI has entered into a landmark partnership with Broadcom to design and produce its first in-house AI processors, marking a major strategic shift in...

OpenAI–AMD Partner to Deploy 6 GW AI Compute Infrastructure

OpenAI has partnered with AMD to deploy 6 gigawatts (GW) of compute capacity, signaling one of the largest GPU procurement commitments in the AI...

Altman Targets Weekly 1GW AI Infrastructure Build

OpenAI is doubling down on its massive AI infrastructure ambitions under the $500 billion Stargate initiative, announcing five new data center sites in partnership...

OpenAI, Oracle, SoftBank to Launch AI Data Centers

OpenAI, in partnership with Oracle and SoftBank, has revealed plans to build five major AI data center sites in the United States, pushing forward...

Nvidia to Pump $100B into OpenAI for Chip Partnership

Nvidia is set to invest up to $100 billion in OpenAI as part of a sweeping deal that deepens the strategic interdependence between two...

OpenAI to Build 1 GW AI Data Centre in India

OpenAI is preparing to establish a major artificial intelligence data centre in India with a capacity of at least 1 gigawatt. The move signals...

Sam Altman Says AI Demands New Hardware Revolution

OpenAI CEO Sam Altman has shifted his stance on AI infrastructure, acknowledging that current computing systems are no longer sufficient to meet the demands...

Altman: Meta Offered $100M to Poach OpenAI Talent

OpenAI CEO Sam Altman has alleged that Meta offered signing bonuses of up to $100 million to recruit employees from his organisation. Speaking on...

OpenAI May Aid U.S. Defense

OpenAI Chief Executive Officer Sam Altman has left the door open to collaborating with the Pentagon on future weapons platforms, citing the unpredictability of...

Musk, OpenAI Clash Heads to Trial Next Spring

The escalating legal battle between Elon Musk and OpenAI is set to culminate in a jury trial scheduled for spring 2026, according to a...