Japan’s SoftBank will invest $40 billion in OpenAI, according to press reports. The deal is the second between the partners in one week and is based on a $260 billion valuation of OpenAI. SoftBank has ...

Advanced Micro Devices Inc. (AMD) is considered Nvidia Corp.'s major rival in the development of AI chips but has been lagging behind.

OpenAI is set to complete a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just ...

Japan's SoftBank is reportedly close to becoming the biggest investor in generative artificial intelligence leader OpenAI, ...

Softbank is close to finalizing a $40B primary invest in OpenAI at a $260B pre-money valuation, sources told CNBC’s David Faber.Maximize Your ...

Part of the funding is expected to be used for Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by ...

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 ...

As the AI summit in Paris approaches, the US administration is taking a comparatively brakes-off approach on AI regulation. Can the UK and EU forge a leadership role on AI safety?

US President Donald Trump announced Stargate, a private sector investment of up to $500 billion for AI infrastructure, funded ...

OpenAI plans to build more data centers in states like Arizona, California, Florida, Louisiana, Maryland, Nevada, New York, ...

Amazon, Meta, Microsoft and Alphabet forecast massive capital expenditure despite investor concerns about returns and DeepSeek ...