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.
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%.
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.
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.
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
Trump waves off criticism from Elon Musk on AI announcement January 24, 2025 Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U ...
Asian 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. Officials in Beijing
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources
SoftBank (SFTBY) is in discussions to invest $15B-$25B in Open AI, Deepa Seetharaman of The Wall Street Journal reports. Some of the equity
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.