AI Market Wobbles as Nasdaq Suffers Its Worst Week Since April
AI stocks stumble as the Nasdaq records its worst week since April, with Nvidia, Palantir, and Oracle leading the tech sector’s sharp pullback.
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SoftBank Approves Final $22.5 Billion Investment in OpenAI Amid Corporate Restructuring
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…
OpenAI Employees Plan $6 Billion Stock Sale to SoftBank and Others, Valuing Firm at $500B
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.