OpenAI secures US$ 40 billion in SoftBank-led funding round

OpenAI, one of the world’s most prominent players in the Artificial Intelligence (AI) landscape, has bagged US$ 40 billion in a funding round led by SoftBank Group Corp. (SBG). This takes its valuation to a whopping US$ 300 billion, making it one of the largest private technology deals till date. OpenAI issued an update on […]

Japanese consortium to build offshore floating green data center

A consortium comprising Nippon Yusen K.K. (NYK Line), NTT Facilities Co., Ltd., Eurus Energy Holdings Co., Ltd., and the Bank of Mitsubishi UFJ, Ltd., have reportedly signed a Memorandum of Understanding (MoU) with the city of Yokohama, to build a solar-powered floating data center in the sea. While NYK Line is a shipping company, NTT […]