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 even closer partners. SoftBank reportedly is looking to invest between $15 ...

DeepSeek is a Chinese AI firm specializing in large language models (LLMs). Founded in 2023 by Liang Wenfeng, a co-founder of hedge fund High-Flyer, the company develops open-source AI models.

Trump throws a Fed-fed temper tantrum; SoftBank bets big on OpenAI; Michael Dell’s merchant bank bets big on OpenAI’s banker; Dan Loeb wants to fire Soho House’s manager; and more!

Japan’s SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker’s biggest financial backer, the Financial Times reported on Thursday.

A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the ...

The president joined leaders from OpenAI, Oracle and SoftBank to launch the ambitious project, but questions remain about its ...

SoftBank is reportedly in advanced discussions to invest up to $25 billion in OpenAI. SoftBank is in talks to invest $25 ...

Altman said the rise of DeepSeek shows “it’s a really good thing” to push ahead with the $100 billion joint infrastructure ...

US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.

Based on my tests and published reports, DeepSeek not yet as advanced as its American counterparts, but it’s quite good ...