This announcement builds on G42's recent milestones, including the unveiling of a 5GW US-UAE AI campus and the launch of the 1GW Stargate UAE facility as Phase 1 of the project, as well as a $1.5 ...

SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time ...

Sources told the New York Times today that Dragoneer led the deal. The asset manager, which reportedly made a $2.3 billion ...

Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks ...

OpenAI has unveiled gpt-oss-120b and gpt-oss-20b, its first open-weight models in over four years, since gpt-2. The move ...

OpenAI has secured $8.3 billion in new capital as part of its ongoing $40 billion fundraising effort, CNBC reported, citing a ...

ChatGPT reaches 700 million weekly users as OpenAI prepares to launch GPT-5 with integrated reasoning capabilities in August ...

SoftBank's ambitious $500 billion "Stargate" AI project with OpenAI is facing delays as securing consensus among partners ...

Microsoft and OpenAI are in advanced talks regarding a deal to give Microsoft ongoing access to the AI startup's technology.

French AI startup Mistral is reportedly planning to secure $1 billion from Abu Dhabi’s technology investment company MGX as well as other venture capital funds. The company, which is based in Paris, ...

Anthropic is looking to raise up to $5 billion at a $170 billion valuation in a funding round led by Iconiq Capital.

Company executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala ...