Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
Japan’s chip-related shares including Advantest Corp. tumbled as Chinese AI startup DeepSeek gained traction, raising concern the app will threaten US’s technological leadership.Most Read from BloombergWhat Happened to Hanging Out on the Street?
TOKYO -- Japanese billionaire Masayoshi Son's SoftBank Group plans to contact big investment firms including Apollo Global Management about fundraising for a U.S. artificial intelligence project proposed by President Donald Trump, Nikkei has learned.
Large technology firms paced declines, with Advantest Corp. sliding as much as 11% in Tokyo and SoftBank Group Corp. slumping 6%.
U.S. President Donald Trump announced on January 21 that Japan's SoftBank Group, Open AI and Oracle will together
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
For a Japan Inc anxious about how ... decided unless you won," he told Trump. SoftBank's shares jumped roughly 11% in Tokyo following the news. The group has around $25 billion to hand and a ...
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