SoftBank planning OpenAI investment: Financial Times

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

SoftBank (SFTBY, 9984.T) plans to take a step further into the world of artificial intelligence with a possible investment in OpenAI, according to a Financial Times report. The Japanese investment firm is looking to pivot its portfolio toward AI after the successful IPO launch of Arm Holdings (ARM), in which SoftBank is a majority stakeholder. Yahoo Finance Tech Editor Dan Howley breaks down SoftBank’s growing interest in AI investing sparked by Chairman-CEO Masayoshi Son.

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023. -- Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.

Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenTake Societe Generale’s Manish Kabra,Wall Street banks are turning more defensive with their stock-market strategies, while some experts have warned investors to brace for pain.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines