Tag: OpenAI

Infosys Launches AI and Cybersecurity Centre in Hubballi

Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros The Hubballi centre reinforces Infosys’ strategy...

Meta Secures $29B for AI Data Centre Push

Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl According to a source familiar with the matter,...
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OpenAI BOD Rejects Musk’s $97.4B Buyout Bid

The board of directors at OpenAI has firmly rejected a $97.4 billion buyout offer from Elon Musk and a consortium of investors, reinforcing its...

Musk’s $97.4B Offer to OpenAI Rejected by Altman

Elon Musk has made a $97.4 billion bid to acquire OpenAI's nonprofit organization, intensifying tensions between Musk and OpenAI CEO Sam Altman. The bid...

Sam Altman Highlights India’s Role in AI Revolution

OpenAI CEO Sam Altman has revealed that India has become the company's second-largest market, with a threefold increase in users over the past year....