Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on the wave of U.S.' AI investment announcement, as well as blowout earnings from streaming giant Netflix,
Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% Wednesday and closed just shy of the record it set in early December.
U.S. stocks were rising on Wednesday morning with the major stock averages seeing their third day of gains as investors digested a slew of robust corporate earnings and President Donald Trump's new initiative on artificial intelligence.
Netflix helped lead the way after it said ... OpenAI and SoftBank will invest up to $500 billion. SoftBank Group Corp.’s stock in Tokyo rose 10.6%. Other AI-related stocks also climbed ...
Netflix helped lead the way after it said ... OpenAI and SoftBank will invest up to $500 billion. SoftBank Group Corp.’s stock in Tokyo rose 10.6%. Other AI-related stocks also climbed ...
Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 was up 0.
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.
Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become even closer partners. SoftBank reportedly is looking to invest between $15 billion and $25 billion into OpenAI,
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources