SoftBank will supply manufacturing gear to the factory, and a joint venture between the two companies will make AI data center-related equipment.

NEW YORK] Current and former OpenAI employees plan to sell approximately US$6 billion worth of shares to an investor group ...

The $500 billion valuation would make OpenAI the world’s most valuable startup, surpassing Elon Musk’s SpaceX.

OpenAI staff are looking to sell $6 billion in shares, which could raise the company’s valuation to $500 billion.

Japanese mobile payment app PayPay has confidentially filed for a U.S. listing, a move that could help fund owner Softbank’s AI ambition, the company announced Friday. Founded in 2018, PayPay is the ...

TOKYO -- SoftBank Group has increased its stake in chipmaker Nvidia, the world's most valuable listed company, part of a strategic shift toward artificial intelligence and away from telecommunications ...

OpenAI CEO Sam Altman told reporters on Thursday that the company plans to spend trillions of dollars to build the ...

At least part of OpenAI’s path to funding the significant cost of AI development will likely include a public offering in the ...

If the plans go ahead, it may be the largest IPO for a Japanese company on a US stock exchange, according to data compiled by ...

SoftBank Group's payments app operator PayPay submitted paperwork for an initial public offering in the U.S., a move that could add to the Japanese company's coffers as it pours billions into ...