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The Latest Breaking News from SoftBank

Sam Altman rubbishes Elon Musk's $97.4 billion bid — OpenAI and its mission aren't for sale: “I wish he would just compete by building a better product"

OpenAI CEO Sam Altman recently claimed that Elon Musk's constant antics aimed are OpenAI are designed to slow the AI firm down as xAI plays catchup, including his $97.4 billion bid to acquire the ChatGPT maker.

Windows Central

"Swindler" - Musk leads blockbuster bid to buy OpenAI for $97.4bn, but Sam Altman hits back with own bid for X

Elon Musk has criticized OpenAI’s plans to go for-profit, offering up $97.4 billion to buy the AI giant.

TechRadar

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

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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

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

What is Kakao? OpenAI CEO Sam Altman strikes AI deals in Asia amid DeepSeek rivalry

Like Uber, Meta and Amazon rolled into one, the tech giant (and OpenAI’s newest partner) is a driving force in Korea’s digital world

Evening Standard

Japan PM To Meet Trump On Feb 6-8 US Trip

Japan's Prime Minister Shigeru Ishiba will meet President Donald Trump on a visit to the United States this week, top government spokesman Yoshimasa Hayashi said on Tuesday.

International Business Times

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Unusual Options Alert: Should Investors Ride the Cipher Mining (CIFR) Wave?

While the incredible pop in CIFR stock is tempting to chase, traders will be incentivized to exercise cautious discipline.

Barchart

SoftBank and OpenAI set up joint company to push artificial intelligence services

Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up a 50-50 held company called SB OpenAI Japan

The Independent UK

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

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

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

Evening Standard

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

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

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

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Barchart

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

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.

Latin Times

Trump Staff 'Furious' at Elon Musk for Panning President's $500 Billion AI Deal: 'Elon Gives Zero F–s'

Elon Musk's criticism of President Trump's $500 billion Stargate AI initiative has sparked outrage among White House aides.

Fortune

President Trump shrugs off Elon Musk’s criticism of $500 billion Stargate plan: 'He hates one of the people'

Musk’s shots at Stargate are the latest development in a yearslong feud with OpenAI CEO Sam Altman.

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news in one place.

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The Independent UK

Key Trump staff ‘furious’ Musk bashed $500 billion AI deal — as president shrugs it off

It comes following online spat between Musk and OpenAI CEO Sam Altman over Stargate artificial intelligence infrastructure project

Evening Standard

Sidelined from Stargate, Musk is learning what it's like to work for Trump. It's a bitter pill to swallow

The world’s richest man has been passed up for his arch-nemesis in Trump’s flagship tech project. How the tables turn

Windows Central

Microsoft CEO Satya Nadella weighs in on the $500 billion Stargate project, seemingly dismissing Elon Musk's liquidity concerns: “All I know is, I’m good for my $80 billion.”

Satya Nadella says the company will continue investing $80 billion in capital annually to build out Azure.

Fortune

Some Trump staffers are reportedly 'furious' with Elon Musk

Trump staffers are reportedly angry with Elon Musk.

Latin Times

Trump Says He 'Doesn't Know' If AI Companies Can Fund Massive Plan 1 Day After Announcing It

President Trump admitted he is unsure whether the coalition of AI giants leading the $500 billion Stargate Project has the resources to fully realize it.

Fortune

Elon Musk bashes Trump-backed $500 billion AI mega project

Elon Musk and Sam Altman are beefing on X.

Windows Central

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future — Microsoft already admitted GPT-4 is too expensive and isn't fast enough to meet consumer needs

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future, following the announcement of the $500 billion Stargate project to build AI infrastructure for the ChatGPT maker's cloud computing needs.

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