A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
Trump targets BRICS over de-dollarization, warns of 100% tariffs. Markets brace for trade risks as US-China tensions threaten sentiment.
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US App Store rankings,
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Septe
Among the actives, Nissan Motor tanked 2.45 percent, while Mazda Motor retreated 1.67 percent, Toyota Motor declined 1.45 percent, Honda Motor sank 0.83 percent, Softbank Group tumbled 1.81 ...
Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Sept