Japanese investor SoftBank Group Corp’s tech-focused Vision funds reported an investment loss of $2.3 billion (352.7 billion ...
SoftBank has reported much improved financials for the first three quarters of its current financial yearThe Japanese telco ...
SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.
SoftBank Group Corp founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence (AI) venture with OpenAI that could cost US$500bil or ...
The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more ...
Some of that cash is reportedly headed for $500B Stargate dream The AI investment landscape is shifting once again, with SoftBank reportedly finalizing a $40 billion stake in OpenAI - pushing its ...
Elon Musk’s consortium has offered $97.4 billion to buy the nonprofit controlling OpenAI, escalating tensions with CEO Sam Altman. Musk’s bid aims to prevent OpenAI from becoming for-profit, ...
The $97.4 billion bid muddles up Sam Altman’s quest to convert the ChatGPT-maker into a for-profit company.
OpenAI was valued at $157 billion in its last funding round, cementing its status as one of the most valuable private ...
Musk, who co-founded OpenAI as a non-profit organisation, argues that the company should return to its original mission.