SoftBank has offered a term sheet that would value OpenAI at a pre-money valuation, meaning the valuation without the funding of the current round, at $260 billion. SoftBank Group is in talks ...
“There is definitely a worry in Brussels that the new US president will raise pressure on the EU around the AI Act to ensure that US companies don’t have to deal with too much red tape, or potentially ...
"IMO, an AGI race is a very risky gamble, with huge downside," indicated OpenAI safety researcher Steven Adler as he ...
Investcorp has been chosen by a large Asian institution to invest over $100 million in Southeast Asia. The Bahrain-based giant, alongside other firms such as Navis Capital, Vistria, and Nexus Point, ...
Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...
In a report released yesterday, Mitsunobu Tsuruo from Citi maintained a Hold rating on SoftBank Group (SFTBF – Research Report), with a price target of Yen10,000.00. The company’s shares ...
TOKYO (AP) — Japanese technology giant SoftBank Group and OpenAI stepped up their ... for bringing transformative AI to some of the world’s most influential companies, starting with Japan ...
TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son said on Monday he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate ...
SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a ...
Japanese Prime Minister Shigeru Ishiba will hold talks with OpenAI CEO Sam Altman and SoftBank Group CEO Masayoshi Son on ...
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