softbank

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Musk-led group makes $97.4 billion bid for control of OpenAI

A consortium led by Elon Musk said Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire's...

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Trump unveils multi billion dollar plan to fund AI infrastructure

US President Donald Trump announced billions of dollars in AI investments, collaborating with major tech companies, which led to a surge in their...

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Softbank's CEO Bet Billions on the iPhone—3 Years Before It Existed

How Softbank CEO Masayoshi Son convinced Steve Jobs to make the deal of the century.

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Elon Musk clashes with OpenAI's Sam Altman over AI data centre project

Tech news outlet The Information first reported on an OpenAI data centre project called Stargate in March 2024, indicating that it had been in the...

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Trump Announces $500 Billion in AI Infrastructure Investment

President Donald Trump on Tuesday announced a $500 billion private sector investment to build artificial intelligence infrastructure, calling it the...

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SoftBank-backed education startup GoStudent conducts another round of layoffs

GoStudent, valued at $3 billion two years ago, is laying off staff again. The Austrian edtech unicorn raised $95 million in equity and debt last...

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SoftBank set to invest billions more in Stargate co-partner OpenAI

The Japanese investment holding company could potentially increase its investment in OpenAI, following the two companies already partnering up for...

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Nvidia's investment in startups has nearly tripled as other tech heavyweights pull back

Nvidia's startup investments jumped 280% year-over-year, S&P Global reported. While its venture activity jumped, other tech giants largely pulled...

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