AI Daily: SoftBank to invest in OpenAI, Alibaba denies DeepSeek investment
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...
OpenAI Close to Deal That Values Company at $300 Billion
OpenAI is set to complete a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just ...
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SoftBank woos OpenAI with $40B, making Microsoft's $13B look quaint
Some of that cash is reportedly headed for $500B Stargate dream The AI investment landscape is shifting once again, with SoftBank reportedly finalizing a $40 billion stake in OpenAI - pushing its ...
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Japan's SoftBank Poised To Replace Microsoft As OpenAI's Biggest Investor
Japan's SoftBank is reportedly close to becoming the biggest investor in generative artificial intelligence leader OpenAI, ...
Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say
This is a developing story. Check back for updates. Softbank is close to finalizing a $40 billion primary invest in OpenAI at $260 billion pre-money valuation, sources told CNBC’s David Faber.
Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s mar ...
Big Tech lines up over $300bn in AI spending for 2025
Amazon, Meta, Microsoft and Alphabet forecast massive capital expenditure despite investor concerns about returns and DeepSeek ...