SoftBank approved a $22.5 billion installment to OpenAI, contingent on the company transitioning to a for-profit structure.

SoftBank has approved a second payment of about $22.5 billion for its investment in OpenAI. This was after the firm agreed to ...

According to The Wall Street Journal, Sam Altman turned a quiet White House appearance into a global power play that dragged ...

An OpenAI IPO “is the most likely path for us, given the capital needs that we'll have”, Founder CEO Sam Altman says on a ...

Complex restructuring pays Microsoft handsomely but it’s unclear how other shareholders will fit into the AI love-in ...

OpenAI announced Tuesday that it had completed a tumultuous corporate restructuring effort, simplifying a complex ownership ...

BANGKOK (AP) — Japanese technology giant SoftBank Group plans to take a $2 billion stake in computer chip maker Intel as it ...

SoftBank Group Corp, the whale that has fattened the wallets of many wealthy Asians, is back to tease with high-yielding ...

The IPO preparations follow a restructuring of OpenAI completed on October 28 that reduced the company’s reliance on ...

The new sites will boost Stargate’s planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.

OpenAI plans to invest roughly $400 billion to develop five new U.S. data center sites, including Lordstown, Ohio, in partnership with Oracle Corp. and SoftBank Group Corp. It marks the biggest push ...