News

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 ...
A federal judge sided with SpaceX after an environmental group sought to stop its rocket launches just months before the company's CEO is slated to work closely with the incoming Trump administration.
SoftBank is in talks to invest up to $25 billion in OpenAI, which could value it around $300 billion. The deal could make OpenAI the joint-second most valuable tech company after SpaceX.
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 ...
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 ...
A fleet of 200 attack satellites armed with missiles or lasers would then eliminate enemy projectiles, but the SpaceX group is not anticipated to play a role in the weaponization of those ...
Perhaps more concerning for SoftBank Group investors, roughly 41% of its current net asset value (NAV) is attributed to its ARM (ARM) investment. We'll get into more details regarding ARM ...
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 ...