Sam Altman’s OpenAI has raised $40 billion in a new funding round led by investment giant SoftBank as it looks to stave off rivals like Elon Musk’s xAI and China-based DeepSeek. The ChatGPT ...

The Japanese tech investment group said it has ... private companies such as SpaceX, China's ByteDance and Stripe. U.S. law firm Morrison Foerster advised SoftBank. Reporting by Jaspreet Singh ...

The Japanese tech investment group ... advised SoftBank, the firm said. With the latest funding, OpenAI will join the ranks of the most valuable private companies, such as SpaceX, China’s ...

Softbank's headline numbers for its most recent December quarter did not look great. While sales were up +3% YoY, the group posted losses on both a pre-tax and post-tax basis, reversing its net ...

SoftBank Group 9984-3.84%decrease; red down pointing triangle reported its first annual profit in four years as it ramped up investments in artificial intelligence. The Japanese technology ...

Cantor Fitzgerald, SoftBank Group, Tether, and Bitfinex have joined hands to launch Twenty One. The consortium of traditional finance (TradFi) and decentralized finance (DeFi) firms announced on ...

"As SoftBank Group broadens its AI infrastructure investments in ventures such as Cristal intelligence and Stargate, the acquisition will help enhance SoftBank Group’s capabilities in key areas ...

A vote Saturday to formally organize Starbase as a city was being approved by a lopsided margin by a small group of voters who live there and are mostly Musk’s employees at SpaceX. Starbase is ...

By Jaspreet Singh and Harshita Mary Varghese (Reuters) -OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance ...