Keywords: SoftBank
OpenAI has secured a record breaking 110 billion dollars in new funding, more than doubling the size of its previous capital raise and cementing its position at the center of the artificial intelligence race. The deal values the ChatGPT maker at 730 billion dollars before the new money, placing it among......
Japan has unveiled a five-year plan to invest around 1 trillion yen (approximately $6.34 billion) in a new artificial intelligence venture, positioning itself among global powers seeking control over the technological and economic foundations of AI infrastructure. The initiative, backed by SoftBank and......
Nvidia has directly confronted mounting fears of an AI bubble and questions about its financial health by distributing a detailed seven-page letter to major global shareholders. The letter, personally overseen by CEO Jensen Huang, comes in the wake of a week-long decline in Nvidia’s......
OpenAI, the American company behind ChatGPT, has reached an unprecedented valuation of $500 billion, making it the highest-valued private startup in the world. The milestone was achieved through a secondary share sale involving investors such as Thrive Capital, Japanese investment bank SoftBank, and......
Japanese tech conglomerate SoftBank has reported a net profit of $7.8 billion (1.15 trillion yen) for the fiscal year ending March 2025, marking a strong turnaround from a net loss of 227 billion yen in the previous year. This marks SoftBank’s first full-year profit since the 2020–2021 fiscal......
Newly inaugurated U.S. President Donald Trump has announced the launch of "Stargate," a sweeping initiative aimed at bolstering the nation’s artificial intelligence (AI) capabilities. The project, described as the largest AI infrastructure endeavor in history, will be funded by major......
US President Donald Trump has revealed an ambitious new project aimed at investing up to $500 billion into artificial intelligence (AI) infrastructure. The initiative, named Project Stargate, is a collaboration between major tech companies and a Japanese investment firm. The project was introduced alongside......
OpenAI, the innovative company behind the widely popular ChatGPT, has successfully raised $6.6 billion in its latest funding round, elevating its valuation to an impressive $157 billion. This substantial investment comes from notable backers including chip manufacturer Nvidia and Japan's SoftBank,......
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