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 said pension funds and mutual funds would be required to increase purchases of shares,
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
· 6h
OpenAI, SoftBank each commit $19 bln to Stargate data center venture, the Information reports
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
Tech giants OpenAI, SoftBank and Oracle are forming a new entity in a bid to advance artificial intelligence infrastructure in the United States. Stargate aims to
OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria A look at the day ahead in European and global markets from Stella Qiu
The author and editors take ultimate responsibility for the content. SoftBank Group (SFTBF 8.38%) is a Japanese holding company that focuses on investment management. The company was formerly a ...
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight.
Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that could suggest friction at the heart of the new administration's focus on America's leadership in the global technology race.
Trump taps one-time Labor secretary nominee to be EU ambassador. President Donald Trump said Wednesday evening that he was nominating f
Significantly, retail sales, industrial production, and unemployment figures gave investors insights into the effectiveness of Beijing ... with Softbank Group Corp. (9984) and Tokyo Electron ...
Chinese company ByteDance, the owner of the TikTok social media platform, plans to spend over US$12 billion on developing AI-related
World Internet Conference (WIC) Working Group on Cross-Border E-Commerce convened a seminar in Beijing on Thursday, exchanging ideas on further advancing its research and work. Members of the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback