SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
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Investors will be looking out for Malaysia’s central bank policy meeting today, where it’s expected to keep its policy rate steady at 3%.
Tech stocks lead gains in Hang Seng and Nikkei 225, fueled by Beijing stimulus, Trump’s tariff shift, and Fed rate cut hopes
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing
Global stocks eased on Thursday, halting a rally sparked by U.S. President Donald Trump's mammoth spending plans for artificial intelligence infrastructure as some of that excitement fizzled out, though Chinese shares fared better on Beijing's support.
CNBC's Alex Harring and Brian Evans contributed to this report. Softbank Group shares climb over 8% after U.S. AI infrastructure investment plans Shares of Softbank Group rose 8.6% after U.S ...
BANGKOK (AP) — World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain's FTSE 100 slipped less than 0.1% to 8,539.88.
SoftBank Group is currently in discussions to invest up to $25 billion in OpenAI, which could position it as the AI startup's largest financial backer
SoftBank Group CEO Masayoshi Son has made a strategic pivot toward the US market, appearing alongside President Donald Trump twice since his November election victory to unveil major investment plans.
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.
SoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI on top of its commitment of more than $15 billion to Stargate, the report said, citing multiple people with direct knowledge of the negotiations.