Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in the US. The transaction was

The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.

Big Tech and venture capital firms led the way in billion-dollar rounds going to AI companies in 2025, according to Crunchbase data. With a collective $73 billion raised via those rounds, we take a look at the AI investors leading the way in the sector’s funding growth.

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on artificial intelligence and the chip industry.

Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding. But execution isn't running on schedule. For the first time, SoftBank's CFO admitted that Stargate is delayed.