Hyundai, Nvidia, and South Korea Near Deal for Major AI Technology Center 
EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks 
OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic 
OpenAI Eyes Massive 10GW Ohio Data Center Campus in Potential $500 Billion AI Infrastructure Deal 
Bouygues, Orange and Iliad Strike €20.35 Billion Deal to Acquire SFR 
Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion 
Sigma Healthcare Shares Slide Amid Preliminary Boots Acquisition Talks 
Meta Challenges Australia’s Proposed Tech Tax, Citing U.S. Trade Agreement Concerns 
South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge 
Quantinuum Raises $1.68 Billion in Upsized Nasdaq IPO Amid Growing Quantum Computing Demand 
Apollo and Blackstone Complete $35 Billion Anthropic AI Infrastructure Financing Deal 
CrowdStrike Beats Q1 FY2027 Expectations, Raises Outlook Despite After-Hours Stock Decline 
Qualcomm Stock Gains After Jensen Huang Endorsement 
SK Hynix Stock Rebounds as AI Memory Chip Demand Fuels Expansion Plans 
Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026 
In a significant development for the AI sector, OpenAI is poised to receive substantial investments from key players like Tiger Global Management. The funding round highlights the increasing demand for sophisticated generative AI solutions as companies seek to stay ahead in a competitive market.
Tiger Global Joins Funding Round
According to The Information, which cited sources familiar with the situation, Tiger Global Management, a venture capital firm, intends to take part in OpenAI's multi-billion-dollar investment round. This round may put the ChatGPT developer's valuation at $150 billion.
A widespread interest in generative artificial intelligence has been sparked as a result of the rapid rise in popularity of OpenAI, as firms are racing to capitalize on the technology in order to improve their goods, as reported by Reuters.
Leading Investors in Talks
According to Channel News Asia, the report listed Tiger as one of several prominent investors who are in talks to join Thrive Capital, Microsoft, Nvidia, Apple, and Abu Dhabi AI investment firm G42 in the funding round. Khosla Ventures is also reportedly in the mix.
The information suggests that Josh Kushner's Thrive Capital intends to make a commitment of one billion dollars and will allegedly head the investment round.
Sam Altman Expands Funding Efforts
According to Bloomberg News, an artificial intelligence business run by Sam Altman is seeking an additional $5 billion in loans from banks through a revolving credit facility, in addition to garnering $6.5 billion from investors.
In response to requests for comment made by Reuters, neither OpenAI nor Tiger Global Management provided an immediate response.
Launch of 'Strawberry' AI Models
Recently, the firm made an announcement regarding the launch of its "Strawberry" series of artificial intelligence models. These models are intended to spend more time processing responses to queries in order to efficiently tackle complicated problems.
