Can Elon Musk Really Buy Out OpenAI for $97.4 billion?
Elon Musk, one of the most influential figures in the tech industry, has once again made headlines with a bold move — offering to buy OpenAI’s nonprofit arm for $97.4 billion. The proposal has sparked ...
SoftBank outlines $500B Stargate project to accelerate AI revolution
Q3 2025 Management View Yoshimitsu Goto, CFO, emphasized SoftBank's focus on the AI revolution, highlighting key initiatives such as the Stargate project, Cristal Intelligence, and investments in ...
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SoftBank reports $2.4 billion loss as it prepares for major AI investments
SoftBank just took a $2.4 billion hit in its fiscal third quarter, sinking into losses as the Japanese tech giant prepares to ...
Sam Altman applauds JD Vance’s AI speech in Paris, illustrates ways to take advantage of 'remarkable' tech
OpenAi Sam Altman applauded JD Vance's speech at the AI Action Summit in Paris, telling the audience the vice president said ...
Apple launches first major health study in 5 years. Here's how you can opt in
The Apple Health Study is the first major health research project the company has announced since it unveiled the Apple Women ...
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project — 2nd Update
SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...
SoftBank Opens Up on the $500 Billion Stargate AI Project—But Details Remain Sparse
Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...
SoftBank Group Posts Quarterly Loss on Weak Tech Funds Business — Update
For its third quarter, SoftBank Group booked a net loss of 369.165 billion yen, equivalent to $2.42 billion, compared with a net profit of Y950.00 billion in the year-earlier period. That missed the ...
Japan’s SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...
SoftBank posts unexpected $369 billion Q3 loss as Vision Fund stumbles
SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.
Elon Musk’s OpenAI bid creates a legal maze and investor uncertainty—which is probably just what he wants
OpenAI CEO Sam Altman gave an unequivocal answer at a conference in Paris today when asked whether his company was for sale following a surprise $97.4 billion bid by an Elon Musk-led investor group.
SoftBank's Son back to form with big bets and quarterly loss
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of ...