Tokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a massive artif
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will
Japan key stock index snapped its four-day winning streak on Friday after the Bank of Japan BOJ decided to raise its policy interest rate to 05 per
SoftBank, in partnership with Open AI, has pledged a substantial $19 billion investment, securing a 40% stake for each in the Stargate AI endeavor. Tech giants Oracle (NYSE: ORCL) and Microsoft (NASDAQ: MSFT) are also among the key players contributing to the project's ambitious financial goals and scale.
Bengaluru – SoftBank Group and OpenAI each plan to commit US$19 billion (S$25.7 billion) of capital to Stargate, the mega US AI endeavor President Donald Trump unveiled this week, the Information reported.
The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam Altman to colleagues
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing
TOKYO -- Japanese billionaire Masayoshi Son's SoftBank Group plans to contact big investment firms including Apollo Global Management about fundraising for a U.S. artificial intelligence project proposed by President Donald Trump, Nikkei has learned.
SoftBank in India, like in many other parts of the world, is known for its investment in budding startups in various technologically driven avenues. On Wednesday, January 22, the company shares soared in the equity markets in Tokyo. The shares of the Japanese investment group rose after getting a much-needed boost from an unlikely source.