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Stargate, SoftBank Group

SoftBank Concedes Stargate Project With OpenAI Needs More Time

SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time that the $500 billion artificial intelligence tie-up in the US with OpenAI is bogging down.

Seeking Alpha on MSN · 11h

SoftBank acknowledges Stargate project requires more time

SoftBank Group ( OTCPK:SFTBY) ( OTCPK:SFTBF) said it is taking longer than expected to get the Stargate project off the ground, acknowledging for the first time that the $500B AI collaboration in the U.S. with OpenAI is slowing down,

Reuters · 16h

SoftBank Group swings to profit in first quarter, Stargate timeline delayed

Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund portfolio.

GPT-5, OpenAI

Fortune on MSN · 6h

OpenAI launches GPT-5, its most powerful AI yet. Will it be enough to stay ahead in today’s ruthless AI race?

OpenAI hopes its fastest, smartest model yet will help it fend off rising competition from Google, Meta, Anthropic, and Chinese startups.

Bloomberg L.P. · 4h

OpenAI Releases More Powerful GPT-5 Model

Good morning. OpenAI unveils its long-awaited GPT-5 model. Little-known Tokyo Electron is swept up in the fallout from TSMC’s chip tech theft scandal. And Doodlemania takes over the world. Listen to the day’s top stories.

The New York Times · 8h

OpenAI Aims to Stay Ahead of Rivals With New GPT-5 Technology

The A.I. start-up said its new flagship technology was faster, more accurate and less likely to make stuff up.

OpenAI eyes US$500b valuation in possible share sale

Reuters on MSN · 1d

OpenAI eyes $500 billion valuation in potential employee share sale, source says

ChatGPT maker OpenAI is in early-stage discussions about a stock sale that would allow employees to cash out and could value the company at about $500 billion, a source familiar with the matter said.

Cryptopolitan on MSN · 1d

OpenAI targets $500B valuation in early secondary share sale discussions

OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation to $500B.

Bloomberg L.P. · 1d

OpenAI in Talks for Share Sale at $500 Billion Valuation

OpenAI is in early talks about a potential sale of stock for current and former employees at a valuation of about $500 billion, people briefed on the investment discussions said, marking an enormous gain in value for the artificial intelligence leader.

8hon MSN

SoftBank Group CFO Yoshimitsu Goto on OpenAI’s Project Stargate: ‘We need to take our time to…

SoftBank's ambitious $500 billion "Stargate" AI project with OpenAI is facing delays as securing consensus among partners ...

3hon MSN

Will GPT-5 let OpenAI break away from the pack?

As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with ...

19hon MSN

SoftBank Group swings to profit in first quarter on market enthusiasm for tech stocks

Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by ...

10h

SoftBank’s profit rebounds on AI stocks

Japanese technology conglomerate SoftBank Group Corp. posted a 421.8 billion yen ($2.9 billion) profit in the April-June ...

1don MSN

SCOOP: Trump admin, OpenAI partner to unleash artificial intelligence on federal government

GSA announces OpenAI partnership bringing ChatGPT to federal workforce at nominal cost, supporting Trump administration's ...

Observer1d

OpenAI Is On Track to Become the World’s Most Valuable Private Company

OpenAI makes money primarily through ChatGPT subscription plans ($20 a month) and licensing its A.I. models to enterprise clients and developers. While OpenAI has not confirmed profitability, CNBC ...

YourStory58m

Swiggy, FirstCry add $160M to SoftBank's notional gains in Q1; Ola Electric drags

Swiggy led the charge with a $139 million increase in fair value, as its stock climbed 21% during the quarter. FirstCry added ...

1don MSN

SoftBank's AI investment spree to be in focus on at Q1 earnings

When Japan's SoftBank Group reports earnings on Thursday, its mammoth investments in artificial intelligence companies are ...

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