SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.
Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft
President-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing his promise to put America first.
Shares of Japanese semiconductor-related companies extended their losses on Tuesday after Monday’s selloff, driven by the release of the Chinese AI model DeepSeek. The selloff in US tech stocks added to the downward pressure,
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,
We recently published a list of 10 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Apple Inc.
Cipher Mining secured a $50 million private investment in a public-equity deal from SoftBank Group. The company, which develops and operates industrial-scale data centers for bitcoin mining and HPC hosting, said the investment will support its HPC data center development business. Shares climb 21%, to $5.69, in postmarket trading.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.