The Latest Breaking News from SoftBank

Elon Musk Heads Group Trying To Buy Control Of OpenAI: Report

Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday.

International Business Times · Feb 10, 2025

Arm's Japanese owner is rumored to be buying Arm's only independent server chip vendor but I don't understand the rationale behind it

Ampere Computing could be sold to Softbank for $6.5 billion in a surprising move that could change the data center CPU market.

TechRadar · Feb 10, 2025

Sam Altman admits OpenAI has been on "the wrong side of history," citing a dire need for a different open-source strategy: "Not everyone at OpenAI shares this view, and it's also not our current highest priority"

OpenAI recently held an Ask Me Anything (AMA) session on Reddit, addressing important issues, including its $500 billion bet on Stargate, AGI, cost-effective competition from DeepSeek, and open-source strategy.

Windows Central · Feb 4, 2025

SoftBank could dethrone Microsoft as OpenAI's largest single investor — with a potential $25B stake in a reported $40B funding round, doubling the ChatGPT maker's market valuation to $340B

OpenAI is reportedly in talks to raise $40 billion through another round of funding, pushing its market capitalization to approximately $340 billion.

Windows Central · Jan 31, 2025

OpenAI in talks to raise £32bn in new funding round – reports

The funding would value the ChatGPT maker at more than £240bn.

Evening Standard · Jan 31, 2025

OpenAI Targets $340B Valuation In New Funding Round

Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.

International Business Times · Jan 31, 2025

Forget mega yachts, AI data centers are quickly becoming the next battleground for billionaires as Zuckerberg pledges $65 billion CAPEX spend in 2025

Meta is investing big bucks in AI infrastructure, but it's up against bigger spending rivals.

TechRadar · Jan 30, 2025

SoftBank ‘in talks’ to invest up to $25bn in OpenAI

Reported move would make Japanese group largest financial backer of US startup behind ChatGPT

The Guardian - UK · Jan 30, 2025

Trump's Bump in the S&P 500 is the Side of Extreme Rarely Seen, But That's Why it's Needed

The S&P 500 continues its bull market run from the October 2023 lows. While there are claims about the market being over-extended, the bull move does not seem ready to rest. President Trump has announced numerous outside investments in the US. An optimal seasonal buy window is approaching. Technically, the…

Barchart · Jan 27, 2025

Elon Musk Takes Aim at Oracle, SoftBank: Is ORCL Stock Still a Winner on Stargate News?

Oracle is poised to accelerate thanks to Stargate, cloud expansion, and its strategic edge.

Barchart · Jan 25, 2025