Japan's SoftBank is in talks to invest as much as $25 billion into ChatGPT maker OpenAI, the Financial Times reported on Wednesday.
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.
Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was emerging to challenge U.S. dominance in the sector, a Goldman Sachs note said.
Investing.com - The emergence of Chinese start-up DeepSeek could have upside macroeconomic implications in the medium-term should its cost reductions help usher in a period of increased competition in the development of artificial intelligence platforms, according to analysts at Goldman Sachs.
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
Mark Murphy, an analyst from J.P. Morgan, maintained the Buy rating on Microsoft (MSFT – Research Report). The associated price target remains
Goldman Sachs reiterated its Buy rating and $500.00 price target for Microsoft Corporation (NASDAQ:MSFT), following the company's mixed financial results for the second quarter of fiscal year 2025. The investment firm pointed to the ongoing investor concerns over the growth pace of Microsoft's Azure cloud services,
The Chinese startup's new model poses some serious questions about the assumptions behind AI investments. But what if that's a good thing for Big Tech?
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming the broader market.
Investment bank reckons gas is best placed to quickly fill crucial 'baseload' gap needed to supply booming demand
Goldman Sachs has introduced the GS AI Assistant to 10,000 employees, with plans to expand its use across the organisation. The AI tool performs tasks such as summarising emails and translating code,
Last week, hedge funds fled their bets on tech stocks, a Goldman Sachs note from Friday and seen ... U.S. AI infrastructure after the success of OpenAI's ChatGPT. OpenAI and Japanese conglomerate ...