(Bloomberg) -- OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, building a massive war chest to stay ahead in the costly race ...

The tech giant doubles its investment in the startup as it aims to compete in the AI arms race.

Amazon announced today that it’s pumping another $4 billion into Claude AI maker Anthropic, bringing its total funding amount ...

The company also received a $4 billion revolving line of credit, bringing its total ... with rules allowing the company to ...

OpenAI is permitting its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer, according to ...

(Bloomberg) -- Amazon.com Inc. is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals. The new infusion ...

The news comes after OpenAI closed its buzzy funding round earlier this month at a valuation of $157 billion, and also received a $4 billion revolving line of credit. ChatGPT search offers up ...

(Reuters) - Sierra, a software startup co-founded by former Salesforce co-CEO Bret Taylor, has raised $175 million in a new funding round led by Greenoaks Capital that gave it a $4.5 billion ...

Last week, OpenAI received a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion. The news came just after OpenAI closed its latest funding round at a $157 ...

Anthropic is the company behind Claude — one of the chatbots that, like OpenAI’s ChatGPT and Google’s Gemini, has exploded in ...