SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter.
SoftBank Group CEO Masayoshi Son has made a strategic pivot toward the US market, appearing alongside President Donald Trump twice since his November election victory to unveil major investment plans.
Investors will be looking out for Malaysia’s central bank policy meeting today, where it’s expected to keep its policy rate steady at 3%.
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.
Asian shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong and Shanghai rose but then shed some of their initial gains early Thursday. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
CNBC's Alex Harring and Brian Evans contributed to this report. Softbank Group shares climb over 8% after U.S. AI infrastructure investment plans Shares of Softbank Group rose 8.6% after U.S ...
Oliver Matthew, head of Asia consumer research at CLSA, explains why he upgraded his rating of Softbank's stock after the announcement of the Stargate project between OpenAI, SoftBank and Oracle. He adds that Arm remains "a very solid play" on the future of artificial intelligence,
The post OpenAI, SoftBank investing $19B each into Stargate, report claims appeared first on Android Headlines.
OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria A look at the day ahead in European and global markets from Stella Qiu
BANGKOK (AP) — World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain's FTSE 100 slipped less than 0.1% to 8,539.88.
DeepSeek threatens to disrupt the AI sector in a similar fashion to the way Chinese companies have already upended industries such as EVs and mining.
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.