Gaorong Capital

Bloomberg reports that OpenAI is on the verge of completing a $40 billion funding injection. To put the funding in perspective, Nicaragua's annual GPD is approximately $17 billion, while Iceland's comes in at around $33 billion USD.

The rise of AI is redefining the capital operation logic of listed companies. It makes mergers and acquisitions more accurate, financing more efficient, and shareholder structures more stable, but at the same time, it also brings new challenges and uncertainties.

OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate,

OpenAI's Chief Operating Officer Brad Lightcap will oversee global expansion and corporate partnerships, CEO Sam Altman said on Monday, as the Microsoft-backed startup seeks to cement its dominance in the fast-growing AI industry.

OpenAI said in a blog post on Monday that COO Brad Lightcap will now oversee "business and day-to-day operations."

A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies.

Global Mofy AI Limited (the "Company" or "Global Mofy") (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry,

U.S. president Donald Trump's wide-ranging tariff hikes are already resulting in growth forecasts being cut amid an uncertain public mood — all of which