SoftBank Group shares fell 12% on concerns that OpenAI's IPO timeline may be delayed, exposing the Japanese conglomerate's leveraged $60 billion bet on the AI company. The stock dropped 11% in early J…
SoftBank CEO Masayoshi Son dismissed fears of an AI bubble as 'blasphemy' during his company's annual general meeting, arguing that AI's potential is just beginning. SoftBank has invested over $64 bil…
Oracle cofounder Larry Ellison quietly donated about $45 million to a pro-Trump nonprofit during the 2024 campaign, according to The Wall Street Journal. Since then, Oracle has secured major governmen…
Palo Alto Networks CEO Nikesh Arora says 90% of enterprise employees lack AI skills, calling the current period a 'Darwinian moment' where workers must self-train or face replacement. Arora contrasts …
Hyundai Motor Group is considering swapping its US AI research arm for SoftBank's remaining 9.65% stake in Boston Dynamics, which would give Hyundai full ownership of the robotics company ahead of its…
Agility Robotics, a maker of humanoid robots for warehouses, announced a $2.5 billion merger with Churchill Capital Group to go public. The company's Digit robot is already deployed in warehouses, bac…
Humanoid robot startup Agility Robotics plans to go public via a SPAC merger at a $2.5 billion valuation, making it the first humanoid-focused company to list in the US. The deal, led by former Citigr…
Japan's Prime Minister Sanae Takaichi unveiled a 370 trillion yen ($2.3 trillion) growth strategy on June 20, 2026, targeting 17 sectors including AI and semiconductors, aiming to quintuple domestic c…
SoftBank CEO Masayoshi Son dismissed claims that the artificial intelligence boom is a bubble, calling such talk an 'insult' to AI at the company's annual shareholders' meeting in Tokyo. Son, whose So…
Blackstone plans to invest roughly $30 billion in AI data centres in Japan over the next three to five years, betting on demand despite warnings of overcapacity. The firm's president Jonathan Gray arg…
SoftBank CEO Masayoshi Son dismissed SpaceX's orbital AI data center plan as overpriced, arguing that terrestrial infrastructure is more cost-effective. Son's critique comes days after SpaceX's $1.7 t…
SoftBank CEO Masayoshi Son questioned the economic viability of Elon Musk's proposal to build AI data centers in space, arguing that lower electricity costs would not offset the high expenses of maint…
SoftBank CEO Masayoshi Son dismissed Elon Musk's plan for orbital data centers, saying the costs would outweigh the benefits and that the AI race will be decided on Earth. Son's comments came as Space…
Skild AI, a startup founded in 2023, has raised a $1.4 billion Series C led by SoftBank to develop a general-purpose AI brain for any robot, aiming to overcome the fragmentation in robotics AI. The co…
Anthropic suspended its Fable 5 AI model within three days after U.S. government concerns over security protocols, highlighting a growing rift between U.S. regulatory policies and East Asian market re…
Behavox raised $175 million in preferred equity from BlackRock's HPS Investment Partners to expand its AI compliance platform and pursue acquisitions. The regtech company, which counts ten of the 24 G…
Leaked audited financial documents show OpenAI lost $38.53 billion in 2025, with $20.92 billion in operating losses despite $13.07 billion in revenue, as the company burns through cash on compute and …
MWC Barcelona 2026 focused on AI infrastructure, with companies like Supermicro, NVIDIA, and telecom giants showcasing AI-RAN and sovereign AI solutions. CME Group launched the first compute futures c…
SoftBank and OpenAI launched a cybersecurity service called "Patching as a Service" on Tuesday, designed to protect Japan's critical infrastructure from AI-powered cyberattacks. The service uses OpenA…
OpenAI spent $34bn in 2025, more than double its $13bn revenue, as it prepares for a potential $1tn IPO. The company's massive spending on R&D, infrastructure, and staffing reflects the high cost of l…