Stock market today: Asian shares are mixed after China rolls out market boosting measures
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
The Taipei Times23h
Trump touts new AI project by Softbank, Oracle and OpenAI
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
Morning Bid: They Do Know Stargate Is Sci-Fi, Right?
OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria A look at the day ahead in European and global markets from Stella Qiu
Harvard Business Review2h
8 Lessons from the Career of Softbank’s Masayoshi Son
Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a dreamer, financial engineer, and speculator. But his career — which has spanned the launch of the personal computer and internet,
Abu Dhabi’s MGX Helps Bankroll Trump’s $100 Billion AI Plan
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech - OpenAI, SoftBank Group Corp.
OpenAI, SoftBank to each commit $19B to Stargate Project: report
OpenAI and SoftBank (SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. Read for more.
World shares are mixed after China rolls out more market boosting measures
World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise.
EconoTimes10h
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
China’s CSI 300 leads Asian market gains, Nikkei hovers near 40,000
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight.
Stargate: The $500B Message To China — The Future Of AI Regulation
Good for OpenAI, bad for Musk—just one piece in the race for data, AI, and global power. A glimpse into the future of U.S. regulation.
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
OpenAI’s Stargate Deal Heralds Shift Away From Microsoft
The partnership that launched the AI boom has been strained by disagreements over computing resources.