OpenAI CEO Sam Altman publicly rejected a $97.4 billion offer from Elon Musk and other investors to take control of the AI giant. The bid aimed to set a valuation floor for OpenAI’s components, including ChatGPT, and underscores the deepening rift between the co-founders.
French President Emmanuel Macron has announced a €109 billion ($112 billion) private investment in France’s AI ecosystem. This investment aims to accelerate AI development and establish France as a global AI leader, with a focus on new AI-focused data centers and leveraging nuclear power for AI training.
The UAE and France have signed a €30-50 billion agreement to develop a 1 GW AI data center, supported by sustainable energy and strategic partnerships. This project positions Europe as a key player in the global AI race.
SoftBank and OpenAI have launched a joint venture, SB OpenAI Japan, with a $3 billion annual investment to integrate AI technologies into SoftBank’s subsidiaries and provide advanced AI services to major Japanese companies.
OpenAI is set to raise $40 billion in funding, pushing its valuation to $340 billion. This record-breaking move highlights the AI investment boom and the increasing stakes in artificial intelligence innovation.
AI for India 2030 initiative, backed by government and industry leaders, seeks to drive inclusive growth through sector-specific AI solutions and ethical frameworks, targeting a $500B economic impact.
Alibaba has introduced the Qwen 2.5-Max AI model, claiming it surpasses DeepSeek’s V3 and other leading AI systems, highlighting rapid advancements in the field.
Discover 6 key ways China’s low-cost AI model DeepSeek is disrupting global markets and reshaping the economics of AI development.
Reliance Industries plans to build a 3-gigawatt AI data center in Jamnagar, India, costing $20–30 billion. The facility will use renewable energy and Nvidia chips, positioning India as a global AI contender.
