Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
DeepSeek’s AI disrupts industry, causing Nvidia’s $600B plunge. AI investments surge: SoftBank backs Skild AI, ElevenLabs raises $250M, and Infinite Reality buys Obsess.
US President Donald Trump has warned BRICS nations against introducing a new currency or backing an alternative to the U.S.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Shares of Cipher Mining were trading higher in the after-hours market following news of a $50 million private investment in public equity deal from SoftBank Group. After the bell Thursday, shares of ...
OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, ...
SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already ...
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the ...
Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft ...
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become ...
Japanese tech giant SoftBank Group Corp. is considering investing up to $25 billion in OpenAI, the developer of the widely used artificial intelligence chatbot ChatGPT, the Financial Times reported ...