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.
Wall Street pointed mostly higher in premarket trading Thursday while more corporate earnings poured in a day after the Federal Reserve opted to leave its benchmark lending rate alone. Futures for the S&P 500 rose 0.
Shares of Nvidia, Broadcom, and ASML slump as China’s DeepSeek threatens the companies’ dominance in artificial intelligence, and Tesla falls ahead of earnings from the electric-vehicle giant later this week.
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
Elon Musk threw shade at OpenAI’s Sam Altman on Tuesday after his rival took center stage at the White House to unveil his ambitious $500 billion “Stargate” AI infrastructure project.
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.
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.
More Bonds of SoftBank Group Corp. Moody’s Daily Credit Risk Score About the SoftBank Group Corp.-Bond (XS1684384867) The SoftBank Group Corp.-Bond has a maturity date of 9/19/2027 and offers a ...
A small group of seven companies, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla, have become so dominant that they alone contributed to more than half of the S&P 500’s
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.
The White House broke its days-long silence about SpaceX CEO Elon Musk on Friday, as questions swirled about whether Musk had rankled President Donald Trump when he publicly bashed Stargate, the Trump administration's first major tech initiative.
Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY SFTBF has “well under $10B ...