The company is currently trying to raise US$9.3 billion in debt and equity to cover the gap. Read more at straitstimes.com.

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...

The new app, called Firefly, packages Adobe's own AI model together with models from new partner firms Ideogram, Luma AI, ...

Explore the groundbreaking potential of ChatGPT 5, the AI model rumored to transform decision-making, creativity, and ...

OpenAI, Meta, and Microsoft introduce unique features to improve the quality of daily digital intercommunications. OpenAI ...

OpenAI chief executive Sam Altman has accused Mark Zuckerberg’s Meta of trying to poach his developers with the promise of $100mn sign-on bonuses and even higher compensation, as the social media ...

Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI ...

Very different paths chosen by Adobe and OpenAI, but the pursuit remains the same — reach more users, and some will find it relevant enough to pay for a higher-tier subscription.

Google launches production-ready Gemini 2.5 Pro and Flash AI models for enterprises while introducing cost-efficient Flash-Lite to challenge OpenAI's market dominance.

Despite the strong reaction, OpenAI had in fact already announced the plan to deprecate GPT-4.5 Preview back in April 2025.

The U.S. Department of Defense (DOD) has announced a $200 million contract with AI research frontrunner OpenAI to provide the ...

University of Cambridge study shows how LLM GPT-4 can generate novel combinations of drugs not typically used to treat cancer ...