The size of that stake is based on the latest fundraising that put a roughly $50 billion valuation on xAI. Banks on Monday broadened out their effort to sell the debt despite a market rout that ...

SoftBank and OpenAI are leading the project, with SoftBank handling finances and OpenAI overseeing operations under Chairman Masayoshi Son. Key technology partners include Arm, Microsoft, NVIDIA ...

It is also above analysts' estimate of $50.25 billion in 2025, according to LSEG data. Reuters contributed to this report. Get a brief on the top business stories of the week, plus CEO interviews ...

The construction of the physical centres has already started in Texas, and there are plans to expand to other locations in the US. Son had pledged $50 billion in US investments after Trump’s last ...

US President Donald Trump on Tuesday announced private sector investment of up to $500 billion to fund artificial intelligence infrastructure. OpenAI, SoftBank and Oracle plan a Texas-based joint ...

Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.

Son, a billionaire based in Japan, already committed in December to invest $100 billion in U.S. projects over the next four years. He previously committed to $50 billion in new investments ahead ...

Son, a billionaire based in Japan, already committed in December to invest $100 billion in U.S. projects over the next four years. The head of SoftBank previously committed to $50 billion in new ...

Google has told investors that for 2025 it plans to blow through more than the $50 billion-plus it likely spent on compute infrastructure in 2024, though that increase (in percentage terms) will be ...

Over the lifetime of the state’s renewables projects, Texas landowners are expected to collect $29.5 billion in lease payments, and Texas counties are expected to generate $20 billion in tax revenue, ...

While many Chinese apps have failed to succeed outside of China, most notably Tencent’s WeChat, TikTok managed to push itself into the overseas market through the acquisition of Musical.ly in November ...

President Donald Trump speaks in the Roosevelt Room at the White House, Tuesday, Jan. 21, 2025, in Washington, as Softbank CEO Masayoshi Son, Oracle chief technology officer Larry Ellison and ...