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Tag: SoftBank

Business
  • AFP
  • Apr 07, 2025
Equities savaged as China retaliation to Trump tariffs fans trade war

Trading floors were overcome by a wave of selling as investors fled to the hills on the worst day for equities since the pandemic, with Hong Kong shedding 10 percent, Tokyo briefly diving eight percent and Taipei more than nine percent.

SoftBank
Business
  • Reuters
  • Mar 01, 2025
SoftBank in talks to borrow $16b to fund AI, The Information reports

The Japanese technology investor might borrow another $8 billion in early 2026, the report added.

OpenAI
Technology
  • AFP
  • Feb 03, 2025
OpenAI announces new ‘deep research’ tool for ChatGPT

OpenAI, whose ChatGPT fronted generative AI’s emergence into public consciousness in 2022, said its new tool “accomplishes in tens of minutes what would take a human many hours”.

Elon Musk
Latest
  • AFP
  • Jan 23, 2025
Elon Musk bashes Trump-backed AI mega project

In a post on X, Musk said the main investors “don’t actually have the money” for the investment.

Donald Trump is due to announce private sector investment of up to $500 billion of artificial intelligence infrastructure.
Business
  • Reuters
  • Jan 22, 2025
Trump to announce up to $500b private sector AI investment

OpenAI, SoftBank and Oracle plan a joint venture called Stargate, and have committed $100 billion initially.

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