• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

    VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

    15 killed, 75 injured in Russian strikes on Ukraine

    15 killed, 75 injured in Russian strikes on Ukraine

    China-Central Asia cooperation grows deeper, more substantial

    China-Central Asia cooperation grows deeper, more substantial

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    How Solar Storage is Shaping the Future of Clean Energy After a Decade of Transformation

    How Solar Storage is Shaping the Future of Clean Energy After a Decade of Transformation

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    MPF at 25: PwC and HKRSA Urge Bold Reform for Hong Kong’s Retirement System

    CrowdStrike Shares Dip Despite Strong Q1 Earnings Amid Soft Revenue Guidance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

    VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

    15 killed, 75 injured in Russian strikes on Ukraine

    15 killed, 75 injured in Russian strikes on Ukraine

    China-Central Asia cooperation grows deeper, more substantial

    China-Central Asia cooperation grows deeper, more substantial

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    Aduna partners with SoftBank Corp. to expand network API access in Japan

    How Solar Storage is Shaping the Future of Clean Energy After a Decade of Transformation

    How Solar Storage is Shaping the Future of Clean Energy After a Decade of Transformation

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    MPF at 25: PwC and HKRSA Urge Bold Reform for Hong Kong’s Retirement System

    CrowdStrike Shares Dip Despite Strong Q1 Earnings Amid Soft Revenue Guidance

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News Business

OpenAI wins US$200mn US defense contract

Purton L by Purton L
16 June 2025
in Business, News
0
OpenAI wins US$200mn US defense contract
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
ChatGPT maker OpenAI was awarded a US$200 million contract to provide the US Defense Department with artificial intelligence tools, the Pentagon said in a statement on Monday.

“Under this award, the performer will develop prototype frontier AI capabilities to address critical national security challenges in both warfighting and enterprise domains,” the Pentagon said.

The work will be primarily performed in and near Washington with an estimated completion date of July 2026, the Pentagon said.

OpenAI said last week that its annualised revenue run rate surged to US$10 billion as of June, positioning the company to hit its full-year target amid booming AI adoption.

OpenAI said in March it would raise up to US$40 billion in a new funding round led by SoftBank Group at a US$300 billion valuation.

OpenAI had 500 million weekly active users as of the end of March.

The White House’s Office of Management and Budget released new guidance in April directing federal agencies to ensure that the government and “the public benefit from a competitive American AI marketplace.”

The guidance had exempted national security and defense systems. (Reuters)

Tags: BusinessFinance
Purton L

Purton L

Read More

VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

17 June 2025
15 killed, 75 injured in Russian strikes on Ukraine

15 killed, 75 injured in Russian strikes on Ukraine

17 June 2025
  • Trending
  • Comments
  • Latest

Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

16 June 2025

Macau Enforces 183-Day Residency Rule for 2025 Wealth Partaking Scheme

29 May 2025

Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

11 June 2025
Over 150 firms hoping to list in Hong Kong: HKEX

Over 150 firms hoping to list in Hong Kong: HKEX

28 May 2025
VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

17 June 2025
15 killed, 75 injured in Russian strikes on Ukraine

15 killed, 75 injured in Russian strikes on Ukraine

17 June 2025
China-Central Asia cooperation grows deeper, more substantial

China-Central Asia cooperation grows deeper, more substantial

17 June 2025
Aduna partners with SoftBank Corp. to expand network API access in Japan

Aduna partners with SoftBank Corp. to expand network API access in Japan

17 June 2025

Recent News

VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

VSA Signs Letter of Intent to Acquire HopeAI, Accelerating Expansion into AI in Life Science

17 June 2025
15 killed, 75 injured in Russian strikes on Ukraine

15 killed, 75 injured in Russian strikes on Ukraine

17 June 2025
China-Central Asia cooperation grows deeper, more substantial

China-Central Asia cooperation grows deeper, more substantial

17 June 2025
Aduna partners with SoftBank Corp. to expand network API access in Japan

Aduna partners with SoftBank Corp. to expand network API access in Japan

17 June 2025
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com