SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project — 2nd Update
SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it ...
SoftBank Opens Up on the $500 Billion Stargate AI Project—But Details Remain Sparse
Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...
Does Elon Musk's government work create conflict in bid to buy OpenAI?
Elon Musk, designated as a "special government employee" through his work with DOGE, is leading a bid to buy the nonprofit behind ChatGPT maker OpenAI.
Vistra Stands To Benefit From The Energy State Of Emergency
Vistra Corp. stock surged 293% in the past year. Read how VST stands to benefit from surging AI and EV energy demand amid the ...
Musk-led group of investors submit unsolicited bid of $97.4B to take over OpenAI: report
Elon Musk and a group of investors have submitted an unsolicited bid of $97.4 billion to take control of the artificial ...
OpenAI evaluating possible data center sites in Pennsylvania as part of Stargate project
OpenAI CFO Sarah Friar announced that Pennsylvania was one of three states that the company was evaluating for possible data ...
DeepSeek’s R1 Model Creates An Uncertain Investment Landscape For AI
The release of DeepSeek's R1 model underscores the deep uncertainty surrounding AI investment and the business models that ...
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OpenAI Securing $40B In New SoftBank Funding, Scouting 16 States For Stargate Projects
SoftBank's latest investment of OpenAI values the company at $260B as its data center joint venture considers sites in 16 ...
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Chevron, GE Vernova, Engine No.1 Join Race to Co-Locate Natural Gas Plants for U.S. Data Centers
Fast-tracked construction for Chevron's natural gas JV is expected to be online by 2027. Meanwhile, total planned natural gas ...
France announces €109B investment to boost AI ecosystem
French President Emmanuel Macron today announced an investment initiative that will inject €109 billion, or $112 billion, ...
Macron unveils $112B AI investment package, France’s answer to US’ Stargate
Late Sunday local time, French president Emmanuel Macron announced a total of €109 billion in private investments in the AI ecosystem -- or around $112 ...