Samsung Electronics, SK Hynix Shares Soar On OpenAI’s Korean Data Center Push

OpenAI, run by billionaire Sam Altman, unveiled a raft of strategic partnerships in South Korea to support its $500 billion Stargate initiative.

OpenAI reportedly closes new $6.6B secondary sale at $500B valuation

The potential infrastructure investment was announced alongside partnerships with Korea’s Samsung Electronics Co. and SK hynix Inc., the world’s two largest suppliers of memory chips. OpenAI plans to purchase up to 900,000 wafers per month, which reportedly represents about 40% of the world’s supply.

Key stakeholders in $500 billion Stargate AI project

Stargate, a $500 billion AI infrastructure initiative that is central to Washington's push for dominance in the field, has drawn a slew of investors and suppliers since its launch in January.

OpenAI now worth $500 billion, possibly making it the world’s most valuable startup

Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company’s valuation to $500 billion, according to a source with knowledge of the deal who was not authorized to discuss it publicly.

OpenAI rolls out ChatGPT Projects to free users

ChatGPT's Projects feature for organizing AI chats will now be available to free users as part of a recent update.

ChatGPT will let your team collaborate via 'shared projects' - and other work-friendly updates

OpenAI's chatbot can now automatically pull info from apps like Gmail and DropBox, among other perks. Here's who gets to try them first.
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