SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor ...
Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a ...
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing ...
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, ...
U.S. President Donald Trump announced on January 21 that Japan's SoftBank Group, Open AI and Oracle will together ...
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from ...
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL ...
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking ...
Kyodo News on MSN1d
Tokyo stocks sharply higher in morning as SoftBank Group soarsTokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a ...
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