Softbank

A new cryptocurrency investment push is underway, with Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, partnering with crypto powerhouses Tether (CRYPTO: USDT), Bitfinex and Japanese investment giant SoftBank to launch a multibillion-dollar Bitcoin (CRYPTO: BTC)-focused venture....

The week was rife with significant developments in the tech world, particularly in the realm of artificial intelligence (AI). From SoftBank Group’s (OTC:SFTBF) announcement of a massive AI data center in Japan to Apple Inc.’s (NASDAQ:AAPL) struggle in the AI race, the stories were as...

SoftBank Group (OTC:SFTBF) (OTC:SFTBY) is reportedly in discussions to spearhead a new funding round for OpenAI, potentially raising up to $40 billion. What Happened: This investment would value the ChatGPT-maker at $300 billion, marking a record-setting funding round for a private entity, reported...

Cipher Mining Inc (NASDAQ:CIFR) shares are surging in Thursday’s after-hours session after the company announced a $50 million PIPE investment from SoftBank. What Happened: Bitcoin (CRYPTO: BTC) miner Cipher Mining has received a $50 million investment from SoftBank to support the company...

SoftBank Group (OTC:SFTBF) (OTC:SFTBY) is reportedly negotiating a potential investment of $15 billion to $25 billion in OpenAI. This move could make SoftBank the largest investor in the ChatGPT creator, surpassing Microsoft Corporation (NASDAQ:MSFT), which has invested nearly $14 billion. What...

Wall Street hit new records as Donald Trump began his second term as 47th U.S. president this week. The S&P 500 index — as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — climbed above 6,100 points, surpassing its previous December peak and marking a second consecutive week of gains,...

Micron Technology Inc. (NASDAQ:MU) shares are trading lower Thursday following remarks from a supplier to Nvidia Corp. (NASDAQ:NVDA). Elon Musk also expressed doubt about the Stargate project which may be weighing on sentiment. What To Know: The broader semiconductor industry has also been impacted...

Moderna Inc (NASDAQ:MRNA) shares are trading higher Wednesday after Oracle Chairman Larry Ellison discussed the potential of artificial intelligence (AI) to revolutionize health care. What To Know: Ellison highlighted AI’s ability to analyze blood tests for early cancer detection, identifying...

Softbank (OTC:SFTBY) CEO Masayoshi Son is expected to declare a $100 billion investment in the United States during a meeting with President-elect Donald Trump at Mar-a-Lago, Palm Beach, Florida on Monday. What Happened: The Japanese tech-investing giant’s founder will also commit to creating...

Nvidia CEO Jensen Huang and SoftBank’s Masayoshi Son recently shared a few laughs and some bittersweet memories at the AI Summit in Tokyo. At the center of their banter? SoftBank’s former role as Nvidia’s largest shareholder – and how they decided to let that golden opportunity...

In a bid to restructure its operations, Jellysmack, a SoftBank Group (OTC:SFTBF) (OTC:SFTBY)-backed creator-economy startup, is laying off employees and reducing its creator program. What Happened: Jellysmack is undergoing a reorganization and will be downsizing its workforce, reported Business...

Arm Holdings PLC (NASDAQ:ARM) is certainly no slouch in the semiconductor space. The Cambridge, England-based firm is flexing its muscles, climbing an impressive 100.58% year-to-date and a massive 158.59% over the past year. But before we get too dazzled by the AI-chip dreams of SoftBank's CEO...

The upcoming iPhone 16 series from Apple Inc. (NASDAQ:AAPL) will be powered by ARM Holdings (NASDAQ:ARM) latest chip technology, designed to improve AI capabilities. What Happened: The new iPhone will be launched on Monday during the “Glowtime” event, featuring a...

In the latest development, the U.K. Treasury is gearing up for discussions with Revolut, one of the most valuable fintech firms in Britain backed by SoftBank, to underscore the allure of London for a potential listing. This move comes amid Revolut’s ongoing contemplation of a New York listing...

In a bid to expand their businesses, Japanese telecommunications giants Nippon Telegraph and KDDI Corp. are venturing into space. They plan to build high-speed wireless networks in the stratosphere to link the Earth and the moon. What Happened: NTT, Japan’s largest telecom carrier, announced...