SoftBank is reportedly in talks to invest as much as $25 billion into OpenAI in a deal that would make it the artificial intelligence firm’s largest backer.
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.
Global shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street's tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.
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
SoftBank is in talks to invest $15 billion to $25 billion in OpenAI, a deal that would see the Japanese conglomerate displace Microsoft as the ChatGPT maker's biggest investor. SoftBank stock fell 1.1% in Tokyo on Thursday.
SoftBank Group is currently in discussions to invest up to $25 billion in OpenAI, which could position it as the AI startup's largest financial backer
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
However, Hong Kong and Shanghai's indices fell after Trump warned China could ... Shares in software investment giant SoftBank soared more than 10 percent Wednesday -- leading Tokyo-listed chipmakers higher -- after Trump said it was included in a new ...
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.
Jack Ma, a cofounder of Chinese e-commerce giant Alibaba Group, will be a visiting professor ... and financial systems in a speech in Shanghai. Ma kept a low profile for several years and traveled ...
Wall Street tumbled on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China.