SoftBank's lofty artificial intelligence ambitions are reportedly colliding with the harsh reality of tariffs. The Japanese conglomerate's plan to invest $100 billion in AI infrastructure in the Unite
Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen ($184.4 million) on Tuesday as early-stage tech startups fell out of favour and losses widened

Cantor, Tether, SoftBank Back New Bitcoin Firm

01:25pm, Wednesday, 23'rd Apr 2025
A new Bitcoin company, similar to Michael Saylor's Strategy, is being launched by an affiliate of Cantor Fitzgerald along with stablecoin issuer Tether and SoftBank. Jack Mallers, CEO of the new firm
SoftBank-backed crypto venture Twenty One Capital said on Wednesday it has agreed for a business combination with blank-check vehicle Cantor Equity Partners in a $3.6 billion deal.
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of brokerage Cantor Fitzgerald, is partnering with SoftBank , Tether and Bitfinex to create a multibillion-dollar bitcoin acqui

OpenAI accuses Musk of harassment in lawsuit

08:40am, Friday, 11'th Apr 2025
OpenAI has filed a countersuit against Elon Musk, accusing him of attempting to damage the company through “harassing legal claims” and a “sham” $97.4 billion takeover bid. The AI firm, which
Precious metals stocks led the FTSE 100 higher on Friday, with Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) and Fresnillo PLC (LSE:FRES) the top risers, after gold surged to a fresh all-time h
Japanese technology investment group SoftBank Group plans to raise 600 billion yen ($4.10 billion) by issuing bonds to retail investors, it said in a filing on Monday.
Amir Anvarzadeh, market strategist at Asymmetric Advisors, discusses OpenAI's $40 billion funding round and the outlook for Japanese stocks.

OpenAI Finalizes $40 Billion Funding Round

02:49pm, Tuesday, 01'st Apr 2025
Bloomberg's Seth Fiegerman explains OpenAI's complex new funding round that values the company at $300 billion and makes SoftBank the biggest backer of the ChatGPT maker. He speaks with Caroline Hyde
Sam Altman's OpenAI has raised $40 billion in a funding round led by investment giant SoftBank as it looks to stave off competition like Elon Musk's xAI and China-based DeepSeek.
SoftBank is reportedly seeking up to $16.5 in financing for the so-called “Stargate” AI project. This bridge loan would be the Japanese conglomerate's largest ever facility denominated in dollars,
Microsoft will get a boost to the value of its stake in ChatGPT-maker but there are complicated negotiations to come over OpenAI's transition to a for-profit company.
OpenAI has raised $40 billion in a landmark funding round, valuing the ChatGPT developer at $300 billion, the largest capital raise ever for a startup. The deal is backed by Japan's SoftBank, which i
SoftBank Group has agreed to lead a funding of up to $40 billion in a for-profit subsidiary of OpenAI, valuing the ChatGPT maker at $300 billion.
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