During the World Economic Forum in Davos, Switzerland, the AI developer’s finance chief talked in detail about the company’s restructuring, Elon Musk’s legal actions and IPO best practices.

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Barrett Woodside, co-founder of the San Francisco AI hardware company Positron, said he and his colleagues have been abuzz about DeepSeek.

DeepSeek-R1, a new reasoning model made by Chinese researchers, completes tasks with a comparable proficiency to OpenAI's o1 at a fraction of the cost.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires th

DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.

President Donald Trump spoke virtually to the World Economic Forum and touted his tax cut and tariff plans while calling for global businesses to make their products in America.

On Tuesday, Anthropic CEO Dario Amodei predicted that AI models may surpass human capabilities "in almost everything" within two to three years, according to a Wall Street Journal interview at the World Economic Forum in Davos, Switzerland.

The US is expected to consume between 220 to 275 TWh of energy by 2026 to power its AI operations, which can power roughly 2.75 crore homes in India for an entire year.

“CMC’s AI-X strategy emphasizes integrating AI across urban management, public services, production, business operations, and everyday life applications. This initiative aims to support Ho Chi Minh City’s ambition of implementing the world’s first AI-powered city model.”

French AI startup Mistral, dubbed Europe's OpenAI, plans an IPO, not a sale, as it expands globally with over €1 billion raised since 2023.

The biggest investment so far in the ChatGPT maker would cover its commitment to the Stargate AI infrastructure venture.