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

OpenAI, the maker of ChatGPT, is seeking to raise US$40 billion in a fresh round of funding that would value the startup at a staggering US$340 billion, the Wall Street Journal reported on Thursday (Jan 30).

OpenAI is seeking to raise $40 billion in a new funding that could elevate its valuation to an astonishing $430 billion, according to a report by the Wall Street Journal on Thursday.Japan's

Japanese tech giant SoftBank Group Corp. is considering investing up to $25 billion in OpenAI, the developer of the widely used artificial intelligence chatbot ChatGPT, the Financial Times reported Thursday.

The development follows concerns sparked by Chinese AI startup DeepSeek, which recently introduced a highly advanced chatbot at a significantly lower cost than its American rivals, unsettling the mark

OpenAI has launched ChatGPT Gov, a version of its flagship chatbot that’s tailored to government agencies. The company says the tool will let US government agencies securely access OpenAI’s frontier models,

Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a dreamer, financial engineer, and speculator. But his career — which has spanned the launch of the personal computer and internet,

SoftBank CEO Masayoshi Son has been a champion of AI for years. The Japanese conglomerate has invested millions in some of Silicon Valley's biggest tech companies. Son joined OpenAI and Oracle to ...

Japan's SoftBank is leading the investment round and is in talks to invest $15-25 billion in the deal that would make it the ChatGPT-maker's biggest financial backer. The reports came after Chinese startup DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction of the cost of its US competitors,

President Donald Trump announced The Stargate Project, a private $500 billion artificial intelligence (AI) infrastructure project in the United States, as I reported on Wednesday. He heralded it as the "largest AI infrastructure project,

Oracle Corp. on Thursday received a $7.75 billion shot of confidence from bond investors to help refinance a huge pile of old debt, despite worries that China’s DeepSeek platform could offer cheaper ways to harness artificial intelligence.

BEIJING: Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company