Japan's SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker's biggest financial backer, the Financial Times reported on Thursday.

Former Trump adviser Steve Bannon slammed Tesla CEO Elon Musk on Wednesday, calling him out for his criticism of President Trump’s newly announced infrastructure project for artificial

Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.

Wall Street are pointing mostly higher in premarket trading while more corporate earnings poured in a day after the Federal Reserve opted to leave its benchmark lending rate alone

Elon Musk threw shade at OpenAI’s Sam Altman on Tuesday after his rival took center stage at the White House to unveil his ambitious $500 billion “Stargate” AI infrastructure project.

Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.

A small group of seven companies, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla, have become so dominant that they alone contributed to more than half of the S&P 500’s

US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.

Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies. Tesla (TSLA) gained over +2% in pre-market trading despite reporting weaker-than-expected Q4 results,

Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies.

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