News

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 ...
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SoftBank shares hit record high after strong Q1 results

Shares of Tokyo-based SoftBank Group on Friday (August 8) rose as much as 13% after the company posted strong numbers for the ...

SoftBank shares hit record high on AI prospects

Shares in SoftBank Group jumped more than 13% to a record high on Friday in a show of investor support for the Japanese ...

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 ...
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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 ...
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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 ...

SCOOP: Trump admin, OpenAI partner to unleash artificial intelligence on federal government

GSA announces OpenAI partnership bringing ChatGPT to federal workforce at nominal cost, supporting Trump administration's ...

OpenAI and Oracle Just Announced a Massive AI Infrastructure Deal

OpenAI is scaling up its plans with Oracle. Meanwhile, questions remain about Softbank's involvement in the Stargate AI ...

SoftBank buys Foxconn's Ohio plant to jumpstart Stargate AI push, Bloomberg News reports

SoftBank Group Corp is acquiring Foxconn Technology Group’s electric vehicle plant in Ohio, in a move to launch the Japanese ...