SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
Anthropic Chief Executive Officer Dario Amodei expressed skepticism about the financing for rival OpenAI’s $500 billion ...
Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to ...
Microsoft is OpenAI's largest investor, with a 49% stake, translating to $14 billion. As part of its complicated partnership ...
Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the ...
They don’t actually have the money,” Elon Musk wrote on his social media platform, exposing an early internal rift within the ...
Donald Trump made a symbolic mark on the future of artificial intelligence by repealing Joe Biden’s guardrails ...
Major tech companies have launched the $500 billion 'Stargate' project to advance AI infrastructure in the US, creating 100,000 jobs.
European Commission President Ursula von der Leyen has talked big about the EU becoming a leader in AI innovation as part of ...
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