SoftBank and OpenAI will invest $19 billion each, while the other joint venture members, Oracle and MGX, will invest $7 ...
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the ...
Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.
Shein’s reported plan to list in London as soon as April could face a new hurdle after British regulators grilled the company about its cotton sourcing Controversy about its business practices and riv ...
The social video platform's future remains in doubt, as players scramble to profit from the chaos. Plus: Big oil gets bigger, ...
The Chinese social media app RedNote has surged in popularity, with over half a million TikTok users joining the platform ...
TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.
Baillie Gifford U.S. Growth Trust , battling plans by U.S. activist Saba Capital to shake up its board, unveiled fresh data ...