Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.
· 14h · on MSN
OpenAI, SoftBank to each commit $19B to Stargate Project: report
Stargate, a groundbreaking joint venture by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is set to transform the artificial intelligence landscape with exclusive data centers in the U.S. These centers will
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
Stargate is just one piece in the race for data, AI and global power. A glimpse into the future of U.S. regulation.
Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a dreamer, financial engineer, and speculator. But his career — which has spanned the launch of the personal computer and internet,
World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.
Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets
Jack Ma, a cofounder of Chinese e-commerce giant Alibaba Group, will be a visiting professor ... and financial systems in a speech in Shanghai. Ma kept a low profile for several years and traveled ...
SoftBank wasn't the only Asian company moving on the news. Foxconn Industrial Internet (CN:601138), a maker of cloud computing equipment - including for Oracle - reached the limit up in the morning session in Shanghai. Hochtief (XE:HOT), whose Turner subsidiary is one of the largest data-center contractors, edged up 1% in Frankfurt trade.
Among individual stocks, UnitedHealth Group (UNH) tumbled 6.04% after missing ... The CSI 300 edged 0.01% higher, while the Shanghai Composite dipped by 0.07%. Friday’s trends underscored ...
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