Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy
Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
TOKYO -- Japanese billionaire Masayoshi Son's SoftBank Group plans to contact big investment firms including Apollo Global Management about fundraising for a U.S. artificial intelligence project proposed by President Donald Trump, Nikkei has learned.
Large technology firms paced declines, with Advantest Corp. sliding as much as 11% in Tokyo and SoftBank Group Corp. slumping 6%.
SoftBank Group’s shares rose more than 9% after Trump named the company as a participant in the ‘Stargate’ AI joint venture.
Investors will be looking out for Malaysia’s central bank policy meeting today, where it’s expected to keep its policy rate steady at 3%.
NEW YORK -- Japanese tech investor SoftBank Group, along with American companies OpenAI and Oracle, will invest $500 billion in artificial intelligence infrastructure in the U.S., President Donald ...
Asian stocks gained as President Donald Trump’s push to boost investment in artificial intelligence improved the outlook for the region’s tech firms.
SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI, a move that would potentially make it the AI startup’s biggest backer.