In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...
SoftBank has offered a term sheet that would value OpenAI at a pre-money valuation, meaning the valuation without the funding ...
SoftBank Group (TYO:9984) is in talks to lead a funding round of up to $40 billion in OpenAI, valuing the ChatGPT maker at ...
Shares of technology companies rose after a mixed batch of earnings. Shares of Microsoft slid after the software giant's cloud-computing unit's growth fell short of Wall Street analysts' projections.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already ...
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become ...
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the ...
Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential ...
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.