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The Latest Breaking News from SoftBank

SoftBank and OpenAI set up joint company to push artificial intelligence services

Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up a 50-50 held company called SB OpenAI Japan

The Independent UK

SoftBank could dethrone Microsoft as OpenAI's largest single investor — with a potential $25B stake in a reported $40B funding round, doubling the ChatGPT maker's market valuation to $340B

SoftBank could dethrone Microsoft as OpenAI's largest single investor — with a potential $25B stake in a reported $40B funding round, doubling the ChatGPT maker's market valuation to $340B

OpenAI is reportedly in talks to raise $40 billion through another round of funding, pushing its market capitalization to approximately $340 billion.

Windows Central

OpenAI in talks to raise £32bn in new funding round – reports

OpenAI in talks to raise £32bn in new funding round – reports

The funding would value the ChatGPT maker at more than £240bn.

Evening Standard

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OpenAI Targets $340B Valuation In New Funding Round

Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.

International Business Times

Forget mega yachts, AI data centers are quickly becoming the next battleground for billionaires as Zuckerberg pledges $65 billion CAPEX spend in 2025

Meta is investing big bucks in AI infrastructure, but it's up against bigger spending rivals.

SoftBank ‘in talks’ to invest up to $25bn in OpenAI

Reported move would make Japanese group largest financial backer of US startup behind ChatGPT

The Guardian - UK

Trump's Bump in the S&P 500 is the Side of Extreme Rarely Seen, But That's Why it's Needed

The S&P 500 continues its bull market run from the October 2023 lows. While there are claims about the market being over-extended, the bull move does not seem ready to rest. President Trump has announced numerous outside investments in the US. An optimal seasonal buy window is approaching. Technically, the…

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Elon Musk Takes Aim at Oracle, SoftBank: Is ORCL Stock Still a Winner on Stargate News?

Elon Musk Takes Aim at Oracle, SoftBank: Is ORCL Stock Still a Winner on Stargate News?

Oracle is poised to accelerate thanks to Stargate, cloud expansion, and its strategic edge.

Trump Staff 'Furious' at Elon Musk for Panning President's $500 Billion AI Deal: 'Elon Gives Zero F–s'

Trump Staff 'Furious' at Elon Musk for Panning President's $500 Billion AI Deal: 'Elon Gives Zero F–s'

Elon Musk's criticism of President Trump's $500 billion Stargate AI initiative has sparked outrage among White House aides.

President Trump shrugs off Elon Musk’s criticism of $500 billion Stargate plan: 'He hates one of the people'

President Trump shrugs off Elon Musk’s criticism of $500 billion Stargate plan: 'He hates one of the people'

Musk’s shots at Stargate are the latest development in a yearslong feud with OpenAI CEO Sam Altman.

Key Trump staff ‘furious’ Musk bashed $500 billion AI deal — as president shrugs it off

Key Trump staff ‘furious’ Musk bashed $500 billion AI deal — as president shrugs it off

It comes following online spat between Musk and OpenAI CEO Sam Altman over Stargate artificial intelligence infrastructure project

The Independent UK

Sidelined from Stargate, Musk is learning what it's like to work for Trump. It's a bitter pill to swallow

Sidelined from Stargate, Musk is learning what it's like to work for Trump. It's a bitter pill to swallow

The world’s richest man has been passed up for his arch-nemesis in Trump’s flagship tech project. How the tables turn

Evening Standard

Microsoft CEO Satya Nadella weighs in on the $500 billion Stargate project, seemingly dismissing Elon Musk's liquidity concerns: “All I know is, I’m good for my $80 billion.”

Microsoft CEO Satya Nadella weighs in on the $500 billion Stargate project, seemingly dismissing Elon Musk's liquidity concerns: “All I know is, I’m good for my $80 billion.”

Satya Nadella says the company will continue investing $80 billion in capital annually to build out Azure.

Windows Central

Some Trump staffers are reportedly 'furious' with Elon Musk

Some Trump staffers are reportedly 'furious' with Elon Musk

Trump staffers are reportedly angry with Elon Musk.

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Trump Says He 'Doesn't Know' If AI Companies Can Fund Massive Plan 1 Day After Announcing It

President Trump admitted he is unsure whether the coalition of AI giants leading the $500 billion Stargate Project has the resources to fully realize it.

Elon Musk bashes Trump-backed $500 billion AI mega project

Elon Musk and Sam Altman are beefing on X.

Windows Central

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future — Microsoft already admitted GPT-4 is too expensive and isn't fast enough to meet consumer needs

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future, following the announcement of the $500 billion Stargate project to build AI infrastructure for the ChatGPT maker's cloud computing needs.

OpenAI CEO Sam Altman Flip Flops on Trump After Massive AI Investment Deal: 'I Think He Will Be Incredible'

OpenAI CEO Sam Altman has publicly changed his stance on Donald Trump, praising him after partnering with the president's $500 billion Stargate AI initiative.

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Elon Musk And Openai CEO Clash Over Stargate Project

Elon Musk and OpenAI CEO Sam Altman dispute over Stargate AI project endorsed by Trump, raising questions about funding and future implications for AI tech...

Most Asian Markets Rise After Wall Street's AI-fuelled Rally

Shanghai was among the main winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the country's stock markets as part of Beijing's moves to provide support to the stuttering economy.

Global Markets Mixed As China Boosts Stock Market Confidence

Global markets show mixed performance with China's market-boosting measures. Tech stocks surge, but Fuji Media Holdings drops due to scandal.

International Business Times

Clash Of Tech Titans: Elon Musk, Sam Altman In Public Word War Over Stargate

Elon Musk and Sam Altman are in a public clash over Stargate, the $500 billion AI infrastructure project that received the blessing of U.S. President Donald Trump this week.

Satya Nadella says he’s ’good for $80 billion’ after Elon Musk claims Stargate Project doesn’t have the cash

Microsoft announced at the start of the year an $80 billion war chest for AI investment.

Sam Altman says he’s changed his perspective on Trump

Sam Altman's comments came amid a flurry of online exchanges between himself, Musk, and Microsoft over the $500 billion Stargate Project announced by Trump.

"They don't actually have the money" - Elon Musk slams Project Stargate, calls Sam Altman a "swindler"

Musk says Project Stargate backers "don't actually have the money" as he slams Sam Altman.

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