SoftBank has committed to spending $3 billion per year to use OpenAI’s tech, according to a joint release released on Monday.
OpenAI, the developer of ChatGPT, is seeking to raise investments of up to $40 billion (57 trillion won). According to the ...
A tumultuous week rounds off with investors in Asia taking their cue from more U.S. 'Big Tech' earnings, digesting Fed Chair ...
Asian stocks rose and currencies edged higher as traders digested a rate pause by the Federal Reserve and shifted focus to a pair of central bank speeches taking place in the region.
Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley ...
U.S. markets stabilized Tuesday following a wipeout a day earlier when a Chinese AI startup startled markets with its capacity to compete with American tech giants. Futures for the S&P ...
Global shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street's tech superstars tumbled as a ...
In international markets, chipmaking and electrification companies saw pressure on the fears over the DeepSeek AI service. SoftBank -- the company that said it would fund up to $500 billion in AI ...