Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on the wave of U.S.' AI investment announcement, as well as blowout earnings from streaming giant Netflix,
Netflix helped lead the way after it said ... OpenAI and SoftBank will invest up to $500 billion. SoftBank Group Corp.’s stock in Tokyo rose 10.6%. Other AI-related stocks also climbed ...
U.S. stocks were rising on Wednesday morning with the major stock averages seeing their third day of gains as investors digested a slew of robust corporate earnings and President Donald Trump's new initiative on artificial intelligence.
Netflix helped lead the way after it said ... OpenAI and SoftBank will invest up to $500 billion. SoftBank Group Corp.’s stock in Tokyo rose 10.6%. Other AI-related stocks also climbed ...
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources
Japan's SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker's biggest financial backer, the Financial Times reported on Thursday.
Tech news website The Information reported previously that SoftBank was planning to invest a total $40 billion (roughly Rs. 3,46,320 crore) into Stargate and OpenAI and had begun talks to borrow up to $18.5 billion (roughly Rs. 1,60,170 crore) in financing, backed by its publicly-listed assets.
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 OpenAI is in talks to raise up to $25 billion from SoftBank amid DeepSeek shock.