Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will
Tokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a massive artif
TOKYO: Japan’s Nikkei share average rose on Wednesday, as investors scooped up SoftBank Group and other technology stocks after US President Donald Trump announced a private sector investment of up to $500 billion to fund AI infrastructure.
United States President Donald Trump has announced a $500bn joint venture with Texas-based tech firm Oracle, Japan’s SoftBank and ChatGPT-maker OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
SoftBank in India, like in many other parts of the world, is known for its investment in budding startups in various technologically driven avenues. On Wednesday, January 22, the company shares soared in the equity markets in Tokyo.
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout package backed by President Donald Trump.
TOKYO, Jan. 22 (Xinhua) -- Japan's key stock index extended its gains for a third consecutive day on Wednesday, boosted by SoftBank Group's AI-focused investment plan. The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed 618.27 points, or 1.58 percent higher at 39,646.25.
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s claim about the company’s accounting.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.