SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later. For a Japan Inc anxious ab
Tokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a massive artif
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
The rapid development of AI systems over the past two years has stretched American infrastructure, with data centres emerging as a particular bottleneck. Cutting-edge chatbots such as OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude require enormous amounts of data and computing power to train and run.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Tokyo stocks rebounded on Monday as a broad range of stocks attracted buying interest following gains in US markets late last week and positive perf
Two weeks before taking office, Trump announced a $20 billion investment from Dubai-based billionaire Hussain Sajwani for new data centers across the US.
Global stocks are mixed as Trump's tariff comments stir uncertainty, impacting Asian markets. European stocks edge higher, buoyed by AI investment news, while U.S. markets show cautious optimism.