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.
Japan's SoftBank is leading the investment round and is in talks to invest $15-25 billion in the deal that would make it the ...
The development follows concerns sparked by Chinese AI startup DeepSeek, which recently introduced a highly advanced chatbot at a significantly lower cost than its American rivals, unsettling the mark ...
The reports came after Chinese start-up DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction ...
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 ...
The SoftBank boss could throw another $25 billion into the artificial intelligence company, according to a Financial Times ...
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
Errol Musk, the father of Elon Musk, has led a controversial and eventful life, filled with personal and professional achievements. As an engineer, he found success early, becoming financially ...