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OpenAI’s $110 billion funding round draws investment from Amazon, Nvidia, SoftBank
OpenAI secures $110 billion in funding from Amazon, Nvidia, and SoftBank, valuing the AI firm at $840 billion ahead of its planned IPO.
Stocks mixed as Nvidia dips after SoftBank stake sale
U.S. stocks trade mixed as Nvidia falls after SoftBank sells its stake; S&P 500 slips while Dow rises 78 points.
SoftBank sells Nvidia stake, profit triples on AI boom
SoftBank sold its Nvidia stake for $5.8B as profit tripled, shifting focus to OpenAI and major AI investments.
SoftBank to buy ABB robotics unit in $5.4B AI push
SoftBank will acquire ABB’s $2.3B robotics unit for $5.4B, advancing its AI strategy while ABB refocuses on electrification.
