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AI giant OpenAI has taken to X to remind an excited crypto community that Robinhood’s much-hyped “stock tokens” don’t represent equity in the business. The post clarifies that Robinhood isn’t working in partnership with OpenAI, and the tokens are not endorsed, insisting that “we did not approve any transfer” of equity. These “OpenAI tokens” are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it.  Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful. — OpenAI Newsroom (@OpenAINewsroom) July 2, 2025 Read more: Robinhood wants US newborns larping into stocks Announced at the Ethereum Community Conference in Cannes this week, “stock tokens” give users access to tokenized versions of well-known stocks, as well as “shares” in private companies, OpenAI and SpaceX. The tokens are currently deployed on Ethereum L2 Arbit...

The United Arab Emirates (UAE) has announced a significant partnership with leading U.S. technology firms, Nvidia , OpenAI , Cisco , and Oracle , to develop a massive artificial intelligence (AI) data centre in Abu Dhabi. Dubbed the “UAE Stargate,” this facility is poised to become one of the largest AI data centres globally, marking a pivotal step in the UAE’s strategy to position itself as a central hub for AI innovation. Key Players and Project Scope The UAE Stargate project is a collaborative effort involving Emirati technology firm G42 and the aforementioned U.S. tech giants. Nvidia is set to supply its latest Blackwell GB300 AI chips, providing the computational power necessary for advanced AI applications. OpenAI is expected to be a primary tenant, leveraging the facility to expand its AI research and deployment capabilities beyond the United States. Cisco and Oracle will contribute their expertise in networking and cloud infrastructure, ensuri...

President Donald Trump unveiled the $500 billion Stargate Project for AI infrastructure in the US, sending AI cryptos surging. The project aims to invest $100 billion immediately and up to $500 billion over four years, and has as its e quity investors SoftBank, OpenAI, Oracle, and MGX, according to an official statement. SoftBank and OpenAI lead the partnership, while SoftBank handles financial responsibilities and OpenAI oversees operations, it said. “China is a competitor, others are competitors, ” Trump said. “We want it to be in this country, and we’re making it available.”  “This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies,” OpenAI said in a statement . “The fact that we get to do this in the United States, I think is wonderful,” said OpenAI CEO Sam Altman. Announcing The Stargate Project...

Dario Amodei, CEO and co-founder of Anthropic, an AI company backed by FTX, has reportedly declined a merger offer from OpenAI’s board of directors. This latest development follows the recent dismissal of OpenAI’s CEO, Sam Altman, on Nov. 17. Anthropic’s Amodei turns down top role at OpenAI According to sources close to the matter, the merger proposal included a significant incentive for Amodei: the opportunity to step in as the new CEO of OpenAI, succeeding Altman. However, Amodei chose to remain with Anthropic, a decision influenced by his current commitments and position at the AI firm. The details surrounding the merger discussions remain unclear, with reports suggesting that the proposal may not have progressed to serious negotiations. The latest development comes amidst a backdrop of financial intrigue involving FTX, the cryptocurrency exchange founded by convincted fraudster Sam Bankman-Fried, which acquired a substantial stake in Anthropic during th...

The Personal Information Protection Commission said in a statement that OpenAI should limit the sensitive data it collects for machine learning, adding it may take further action if it has more concerns. advertisement Japan accounts for third-largest source of traffic to OpenAI Japan’s privacy watchdog noted the need to balance privacy concerns with the potential benefits of generative AI including in accelerating innovation and dealing with problems such as climate change. Japan accounts for the third-largest source of traffic to OpenAI ’s website, as per data from Similarweb. Earlier, OpenAI CEO Sam Altman in April met Japan’s Prime Minister Fumio Kishida with an eye to expansion in Japan, ahead of the G7 leaders summit where Kishida led a discussion on regulating AI. Recommended Articles Crypto Presale Projects For 2023 To Invest; Up...