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Key Highlights Introduction: SoftBank Deepens Its Bet on Artificial Intelligence In a landmark funding move, SoftBank Group Corp has reportedly approved a $22.5 billion second tranche to complete its $30 billion investment in OpenAI, the U.S.-based artificial intelligence powerhouse behind ChatGPT and GPT-5, according to The Information. The decision, approved by the board, hinges on…
Google owner Company Alphabet has unveiled a massive £5bn AI investment. Discover its implications.
Xiaomi has officially set its sights on Europe, confirming a 2027 debut for its electric vehicles during its latest earnings call.
OpenAI employees are preparing a $6 billion stock sale to investors including SoftBank, Thrive Capital, and Dragoneer, potentially boosting the ChatGPT maker’s valuation to $500 billion—making it the most valuable startup in the world.
Spotify’s Q2 results provided a sobering moment for investors. While user and subscriber growth remained strong, the company underperformed financially, missing both revenue and earnings expectations.
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