SoftBank will commit an initial $7.5 billion to the company and $2.5 billion from an investor syndicate. According to the report, the second tranche of $30 billion will include $22.5 billion from ...

OpenAI will use some of the funds to finance its Starlink data center initiative. The project, which the company launched at ...

SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF) intends to build industrial parks in the U.S. featuring AI-equipped factories, Nikkei reported. As the growth of the U.S. workforce is expected to slow down, ...

OpenAI, the company behind ChatGPT, is set to secure a massive $40 billion in funding, led by SoftBank pushing OpenAI’s valuation to $300 billion, up from $157 billion, Bloomberg reported on Thursday.

--U.K. self-driving car startup Wayve Technologies is in discussions with Microsoft and SoftBank Group to raise up to $2 billion in new funding, the Financial Times reports, citing sources. --A deal ...