Japan's SoftBank is in talks to invest as much as $25 billion into ChatGPT maker OpenAI, the Financial Times reported on Wednesday.
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
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.
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.
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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.
Goldman Sachs is telling investors to take a breath. Peter Oppenheimer, the bank’s chief global equity strategist, has told investors today that markets aren’t crashing—just cooling. “In our view, this is a correction and not the start of a sustained bear market,
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,
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
OpenAI on Tuesday announced its biggest product launch since its enterprise rollout. It's called ChatGPT Gov and was built specifically for U.S. government use.
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?
Lastly, Goldman Sachs pointed out that the market value of Microsoft's investment in OpenAI, estimated between $31 billion and $79 billion, is not fully reflected on the balance sheet. Instead, it only shows the carrying value of the investment.