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Tag: SoftBank Group Corp

OpenAI Secures $40 Billion in Landmark Funding Round, Setting Record for Private Tech Transactions

Photo credit: www.cnbc.com OpenAI Secures Landmark $40 Billion Funding Round OpenAI has made headlines with its recent announcement of a monumental...

Microsoft Achieves Weekly Gain, Breaking Longest Losing Streak Since 2008

Photo credit: www.cnbc.com Microsoft's Stock Fluctuations Amidst AI Boom and Economic Concerns During the Microsoft Build AI Day event in Bangkok,...

SoftBank to Purchase Chip Designer Ampere for $6.5 Billion

Photo credit: www.cnbc.com The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January...

Klarna, Buy Now Pay Later Lender, Files for IPO in the U.S.

Photo credit: www.cnbc.com Klarna Moves Toward IPO on New York Stock Exchange Klarna, the Swedish financial technology firm renowned for its...

Stock Market Drop Less Significant Than Corporate Developments

Photo credit: www.cnbc.com The White House addressed the recent downturn in the stock market on Monday, emphasizing that signals from...

Asian Tech Stocks Drop as Trump Reinforces Tariffs, Keeping Investors Anxious

Photo credit: www.cnbc.com Asian Tech Stocks Decline Amid U.S. Tariff Announcement On August 10, 2012, employees were seen moving semiconductor testers...

SoftBank Reports Unexpected Third-Quarter Loss and Revenue Below Expectations

Photo credit: www.cnbc.com The logo of SoftBank is displayed at a company shop in Tokyo, Japan on January 28, 2025.SoftBank...

France Responds to Stargate: Macron Unveils AI Investment Plans

Photo credit: www.cnbc.com French President Emmanuel Macron recently announced a substantial investment of 109 billion euros (approximately $112.6 billion) aimed...

SoftBank Reportedly Plans $40 Billion Investment in OpenAI, Valuing Company at $260 Billion

Photo credit: www.cnbc.com OpenAI is nearing the completion of a substantial investment deal with SoftBank, valued at $40 billion, which...

SoftBank Partners with OpenAI for Joint Venture

Photo credit: www.cnbc.com SoftBank Partners with OpenAI in a $3 Billion Venture In a significant move to enhance its artificial intelligence...

TravelPerk, Backed by SoftBank, Doubles Valuation and Sets Sights on Fintech Expansion

Photo credit: www.cnbc.com TravelPerk, a corporate travel management platform, has successfully secured $200 million in a funding round led by...

Trump’s AI Investment Collaboration with OpenAI, Oracle, and SoftBank

Photo credit: www.cnbc.com On January 21, 2025, President Donald Trump made a significant announcement regarding a new initiative in artificial...