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SoftBank Group Shares Surge

SoftBank Concedes Stargate Project With OpenAI Needs More Time

SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time that the $500 billion artificial intelligence tie-up in the US with OpenAI is bogging down.

Reuters on MSN · 18h

SoftBank Group swings to profit in first quarter, Stargate timeline delayed

Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund portfolio.

MarketWatch · 2h

SoftBank Group Shares Surge After Quarterly Profit Beat

SoftBank Group shares rose to a record intraday high after a better-than-expected first-quarter profit, mainly due to a recovery in its tech funds business. Shares were last up 13% at 14,135 yen, a record intraday high,

OpenAI eyes US$500b valuation in possible share sale

Reuters on MSN · 1d

OpenAI eyes $500 billion valuation in potential employee share sale, source says

ChatGPT maker OpenAI is in early-stage discussions about a stock sale that would allow employees to cash out and could value the company at about $500 billion, a source familiar with the matter said.

Cryptopolitan on MSN · 1d

OpenAI targets $500B valuation in early secondary share sale discussions

OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation to $500B.

Bloomberg L.P. · 1d

OpenAI in Talks for Share Sale at $500 Billion Valuation

OpenAI is in early talks about a potential sale of stock for current and former employees at a valuation of about $500 billion, people briefed on the investment discussions said, marking an enormous gain in value for the artificial intelligence leader.

38m

SoftBank shares surge to record on AI-fuelled profit recovery

Company posted net income of 421.82 billion yen (S$3.7 billion) in the first quarter, more than double analysts' forecast.

5hon MSN

Will GPT-5 let OpenAI break away from the pack?

As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with ...

Cryptopolitan on MSN11h

SoftBank vision fund scores $4.8b gain driving profit streak

SoftBank Group reported Q1 profit of $2.87 billion, beating forecasts. Vision Fund’s $4.8 billion gain was the key driver, ...

Observer1d

OpenAI Is On Track to Become the World’s Most Valuable Private Company

OpenAI makes money primarily through ChatGPT subscription plans ($20 a month) and licensing its A.I. models to enterprise clients and developers. While OpenAI has not confirmed profitability, CNBC ...

8hon MSN

OpenAI launches GPT-5, its most powerful AI yet. Will it be enough to stay ahead in today’s ruthless AI race?

OpenAI hopes its fastest, smartest model yet will help it fend off rising competition from Google, Meta, Anthropic, and ...

58mon MSN

SoftBank shares surge to record high after optimism for AI prospects boosted Q1 earnings

SoftBank shares jumped over 13% to a record high after first-quarter profits beat expectations. Investors welcomed its AI ...

1don MSN

SoftBank Shares Depend on AI More Than Ever After $65 Billion Rally

After adding $65 billion in market value over the past four months, the fate of SoftBank Group Corp. shares is more firmly ...

Analytics Insight1d

OpenAI Seeks $500 Billion in Its New Funding Round

OpenAI has recently had discussions with its investors about a secondary share sale to boost its valuation to $500 billion.

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