How deals with OpenAI have led to share surges for its partners

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OpenAI has signed a slew of deals over the past month. The accumulated value of these agreements exceeds the trillion-dollar mark, making the artificial intelligence major the most valuable unlisted company in the world.

The Sam Altman-led startup has been roping in partners to secure the computing capacity required for its AI models, meet its superintelligence ambitions, as well as its hardware plans.

The deals have sparked stock surges for the companies that have joined hands with OpenAI.

Infrastructure deals

The chain of events began with OpenAI…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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How deals with OpenAI have led to share surges for its partners


OpenAI has signed a slew of deals over the past month. The accumulated value of these agreements exceeds the trillion-dollar mark, making the artificial intelligence major the most valuable unlisted company in the world.

The Sam Altman-led startup has been roping in partners to secure the computing capacity required for its AI models, meet its superintelligence ambitions, as well as its hardware plans.

The deals have sparked stock surges for the companies that have joined hands with OpenAI.

Infrastructure deals

The chain of events began with OpenAI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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