SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Septe
Among the actives, Nissan Motor tanked 2.45 percent, while Mazda Motor retreated 1.67 percent, Toyota Motor declined 1.45 percent, Honda Motor sank 0.83 percent, Softbank Group tumbled 1.81 ...
Among the actives, Nissan Motor climbed 1.14 percent, while Mazda Motor shed 0.69 percent, Toyota Motor tumbled 1.73 percent, Honda Motor rose 0.27 percent, Softbank Group retreated 1.33 percent ...
Asia Market Update: Nasdaq FUTs supported by SoftBank/OpenAI news; Large-cap tech earnings also in focus; Yen firms ahead of Himino, Fed decision was earlier; Tokyo CPI due on Fri. - SoftBank Group: Said to be in talks to invest up to $25.0B into OpenAI; the investment plan is said to be 'on top of' the Stargate commitment - FT.
Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.3% in early Thursday trading.
Tesla jumped 3.2% after CEO Elon Musk told analysts on a conference call that the company was on track to offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June. The electric car maker's fourth-quarter sales and profit fell short of Wall Street projections.
Notable movers included Tokyo Electron (8035) and Softbank Group (9984), which fell 1.37% and 1.85%, respectively. Nissan Motor Corp. (7201) tumbled 6.31%. With policy decisions looming ...
Reports began circulating this week that SoftBank is in talks to invest as much as $25 billion into OpenAI, a move that would position the Japanese operator as the generative AI (gen AI) company’s biggest financial backer.
Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Sept
Trump targets BRICS over de-dollarization, warns of 100% tariffs. Markets brace for trade risks as US-China tensions threaten sentiment.