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%.
Beijing, China - Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry
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.
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 ...
The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.
President Donald Trump is meeting with Nvidia Corp. Chief Executive Officer Jensen Huang at the White House on Friday as the US prepares to tee up tariffs on semiconductors, weighs the fate of a subsidy program and probes whether Chinese AI startup DeepSeek skirted export controls to obtain the chipmakers’ products.
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US App Store rankings,
Tech stocks lead gains in Hang Seng and Nikkei 225, fueled by Beijing stimulus, Trump’s tariff shift, and Fed rate cut hopes
Chinese artificial intelligence startup company DeepSeek stunned markets and AI experts with its claim that it built its immensely popular chatbot at a fraction of the cost of those made by American tech titans.
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
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals despite using inferior chips.