With the latest round of funding, Helion has raised over $1 billion in capital since it was founded in 2013. The company claims that it will build the world's first nuclear fusion power plant by 2028 and has already secured a purchase agreement from Microsoft which is a major investor in Mr Altman's OpenAI.
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.
Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.
Helion’s nuclear fusion promises have garnered the attention of Silicon Valley—and raised concerns amongst scientists wary of its aggressive timeline.
There's a new entrant in the Artificial Intelligence chatbot market from China. It is competing with giants like OpenAI, Gemini, ClaudeAI, etc. disrupting the American hegemony in AI-based generative chatbot models.
After the Chinese startup DeepSeek surprised everyone with its AI reasoning model, OpenAI's CEO responded to that hype.
OpenAI CEO and co-founder Sam Altman called Chinese artificial intelligence startup DeepSeek “impressive,” while shrugging off concerns the startup could threaten OpenAI’s
OpenAI Chief Executive Officer Sam Altman welcomed the debut of DeepSeek’s R1 model in a post on X late on Monday.
Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes
A US start-up whose backers include tech billionaires Sam Altman and Peter Thiel has raised $425mn to keep it on track to achieve its target of producing electricity from nuclear fusion in 2028.
Two years later, Altman's dismissal seems to have been proven completely wrong with the debut of DeepSeek, a Chinese AI chatbot that was ostensibly trained for just US$5.6 million (S$7.6 million). DeepSeek is thus challenging entrenched assumptions about the AI industry, and shaking up the "Big Tech" world.