In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution,
SoftBank Group Corp. 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. The startup would be valued at $4 billion,
Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy.
SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
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.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with its latest large language model, R1, released on January 20th. Consumers have flocked to DeepSeek’s chatbot,
SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI, a move that would potentially make it the AI startup’s biggest backer.
Cipher Mining (NASDAQ:CIFR) announced securing a substantial $50 million investment from SoftBank (TYO:9984), a prominent Japanese multinational conglomerate. This financial boost is aimed at enhancing Cipher's high-performance computing and AI data center infrastructure.
SAN FRANCISCO ― OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
Reports began circulating this week that SoftBank is in talks to invest as much as $25 billion into OpenAI, a move that would position the Japanese operator as the generative AI (gen AI) company’s biggest financial backer.