The Microsoft-backed artificial intelligence start-up raised $500 million from the Japanese conglomerate, according to a ...

HP shares tumbled 11% after the personal-computer maker projected profit shy of Wall Street targets. SoftBank Group is doubling down on its investment in OpenAI, taking a bigger bet on the potential ...

Also in today’s newsletter, BYD demands suppliers slash prices, and Infosys chair predicts companies will develop their own AI models ...

SoftBank Group is poised to increase its investment in OpenAI through a $1.5 billion tender offer, according to sources ...

OpenAI, the owner of ChatGPT, is allowing its employees to sell roughly $1.5B worth of shares in a new tender offer to ...

Even as the United States pursues a tougher trade policy towards China, the latest indication being the tightening of export ...

SoftBank contributed $500 million to OpenAI's $6.6 billion fundraising round in October, but had pushed for a larger ...

TOKYO -- Japanese tech investor SoftBank Group's Vision Fund 2 seeks to acquire up to $1.5 billion in additional shares of OpenAI, raising its bet on the ChatGPT developer, it was learned Wednesday.

The leakers say OpenAI stifled "creative expression" and only wanted positive "PR and advertisement" around its text-to-video ...

OpenAI is allowing its current employees to sell shares in a tender offer to Softbank.

OpenAI is giving its employees a chance to cash out on $1.5 billion worth of shares through a tender offer led by SoftBank ...

The Japanese bank is keen to increase its stake in the AI market leader, which is also backed by Microsoft.