The SoftBank boss could throw another $25 billion into the artificial intelligence company, according to a Financial Times report on Thursday. Click to read.
Masayoshi Son is the CEO and founder of tech and telecommunications ... SoftBank sold its 4.9% stake in Nvidia in 2019 for about $4 billion. If it hadn't, the position might've been worth more ...
President Donald Trump will meet with Nvidia Corp. chief executive Jensen Huang at the White House on Friday, according to people familiar, days after a new Chinese AI model from DeepSeek sparked concern among technology industry leaders and tanked the US stock market.
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
Masayoshi Son, the Japanese tycoon helming US President Donald ... Son wants Arm to compete with the likes Nvidia -- the two are currently partners -- and make chips for AI processes. Son promised SoftBank would invest $50 billion in the United States ...
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
Nvidia gained ground today following the announcement of Stargate -- a new joint company formed by OpenAI, Oracle, and Softbank. The three partners have announced they will soon be investing $100 billion in U.S. AI infrastructure -- and the development bodes well for Nvidia.
SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US App Store rankings,
Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push by the Japanese company, OpenAI and Oracle Corp. to build AI infrastructure in the US.
Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.
The company has heavily advertised AI features since the latest iPhones were released in September. Revenue rose 10% from a year ago to $9.5 billion. The shift occurs after many brands cut their advertising on the digital platform over hate-speech concerns.
Still, SoftBank has valued OpenAI, the maker of ChatGPT, at $260 billion going into the funding round, up from $150 billion a few months ago, the sources, who requested anonymity to discuss private matters,