Japanese Prime Minister Shigeru Ishiba will hold talks with OpenAI CEO Sam Altman and SoftBank Group CEO Masayoshi Son on Monday, the Japanese government said on Friday. U.S. President Donald Trump announced last week that OpenAI,
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.
Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
SoftBank Group is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter.
SoftBank is in talks to lead a funding round for artificial intelligence robotics start-up Skild AI that would more than double its valuation to close to $4bn, as Masayoshi Son hunts for deals to match his vaunted ambitions for the sector.
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.
Japan’s chip-related shares including Advantest Corp. tumbled as Chinese AI startup DeepSeek gained traction, raising concern the app will threaten US’s technological leadership.Most Read from BloombergWhat Happened to Hanging Out on the Street?
SoftBank has already committed $15 billion to Project Stargate, a joint venture with OpenAI to build data centers and other AI infrastructure.
Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
Large technology firms paced declines, with Advantest Corp. sliding as much as 11% in Tokyo and SoftBank Group Corp. slumping 6%.
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.