SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
Hosted on MSN2d
Global shares are mixed after a US tech selloff as a Chinese rival joins the global AI frenzyGlobal 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.
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.
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
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.
US tech giants and Japan chipmaker stocks feel the heat as China's startup DeepSeek demonstrates that it doesn't need massive capital investments to develop cutting edge AI. China's tech shares rallied on prospects of disrupting US tech dominance.
SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI on top of its commitment of more than $15 billion to Stargate, the report said, citing multiple people with direct knowledge of the negotiations.
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 invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector. SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI,
The biggest investment so far in the ChatGPT maker would help cover its commitment to the Stargate AI infrastructure venture.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback