The SoftBank billionaire is seeking to build “Trump Industrial Parks” on federal land, using hundreds of billions of capital from the Japan trade deal.
Lenskart Solutions, one of India's largest eye-wear retailers, is planning to raise up to 72.78 billion rupees, equivalent to $828.8 million, in a share offering.
Softbank has approved a second installment of $22.5 billion to complete its $30 billion investment in OpenAI, the Information reported on Saturday.
Stargate, a $500 billion AI data center venture involving Softbank and OpenAI, appears to have been stalled for six months following its high-profile launch at the White House back in January. The project intended to establish massive AI-focused data centers across the US, promising to create over 100,000 jobs and rapidly expand America's AI computing capacity.
CNBC's Deirdre Bosa, joins 'Money Movers' to discuss SoftBank pitching a $1 trillion AI hub.
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 on “Bloomberg Technology.
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 is initially investing $10 billion, with a further $30 billion planned by the end of 2025 if performance targets are met.
CNBC's Kate Rooney joins 'Squawk on the Street' to discuss OpenAI's latest funding round.
Softbank hasn't been spared in the latest tech selloff. Its discount to NAV is now wider than ever. Investors comfortable with Softbank's AI push should find a lot to like here.
CNBC's Deirdre Bosa reports on news regarding SoftBank.
Rolf Bulk, equity research analyst at New Street Research says there is no clear catalyst for the discount between Softbank's asset value and share price narrowing, and that he needs more details about the returns on Softbank's upcoming projects in order to properly value the company.
CNBC's David Faber breaks down details on Softbank's investment in OpenAI.