OpenAI is set to complete a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just ...

Japan's SoftBank is reportedly close to becoming the biggest investor in generative artificial intelligence leader OpenAI, ...

This is a developing story. Check back for updates. Softbank is close to finalizing a $40 billion primary invest in OpenAI at $260 billion pre-money valuation, sources told CNBC’s David Faber.

Amazon, Meta, Microsoft and Alphabet forecast massive capital expenditure despite investor concerns about returns and DeepSeek ...

TOKYO (AP) — Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 ...

The emergence of DeepSeek is being seen as the first visible challenge to costlier models such as OpenAI and Anthropic, and ...

Analyst firm Dell’Oro Group predicts that worldwide data center annual capex will surpass $1 trillion by 2029. The sector's compound annual growth rate is predicted to be 21 percent by that year.

If there were any fears that spending on AI infrastructure was about to slow down, that was put to rest when Trump announced ...

OpenAI partners with SoftBank to launch Cristal intelligence, an enterprise AI system set to automate workflows and reshape ...

OpenAI CEO Sam Altman joined SoftBank CEO Masayoshi Son at a major AI briefing in Japan, attended by executives from 500 top ...

Lawyers for Musk asked a federal judge to block OpenAI’s plan to become a for-profit entity in a highly anticipated court ...

Elon Musk is stepping up his efforts to block OpenAI from restructuring as a for-profit company after it received billions of dollars from investors, including early funding from him.Most Read from Bl ...