SoftBank has committed to spending $3 billion per year to use OpenAI’s tech, according to a joint release released on Monday.

OpenAI could double its market valuation through another round of funding, valuing the AI firm at $340 billion.

Trump issues executive order on crypto Trump signed an executive order related to cryptocurrencies on Thursday (January 23), ...

OpenAI is reportedly in talks to raise $40 billion through another round of funding, pushing its market capitalization to ...

SoftBank is in talks to invest up to $25 billion in OpenAI, potentially becoming its largest backer. The deal is still under negotiation, according to a source who requested anonymity due to ...

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 ...

SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...

Citi's analysts also noted that the controller's stock buyback program is nearing its end, with approximately $20 million remaining, equivalent to about 11 days of trading volume. This factor, ...

Peter Oppenheimer, the chief of global equity strategy and the head of macro research for Goldman Sachs in Europe, opined ...

Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft ...

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 ...

SoftBank Group (TYO:9984) is in talks to lead a funding round of up to $40 billion in OpenAI, valuing the ChatGPT maker at ...