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The Latest Breaking News from SoftBank

Hong Kong Firm Plots U.S. Crypto Service; Cantor Equity Partners Adds Funds For Bitcoin Venture

Hong Kong-based Futu cleared Q1 views. Meanwhile, its subsidiary Moomoo will expand crypto services to the U.S. And Cantor Equity raised funds for its Twenty One bitcoin venture.

Investors Business Daily

UK's Arm and SoftBank Inject £12.3M to Supercharge Global AI Research with Carnegie Mellon

Arm and SoftBank commit $15.5 million to support Carnegie Mellon and Keio University's joint AI research initiative, advancing international collaboration in artificial intelligence innovation.

International Business Times UK

Japanese tech giant SoftBank records its first profit in 4 years

Japanese technology company SoftBank Group has posted its first profit in four years, as it raked in gains from its investment portfolios

The Independent UK

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Japan's SoftBank Posts $7.8 Bn Annual Net Profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a bumper full-year net profit of $7.8 billion.

International Business Times

Fact-checking Trump’s claim of securing $10 trillion in investments for US

The White House reports $5.1T in promised investments, with $4.3T newly pledged. Experts say $2.1T may not fully happen.

Al Jazeera

OpenAI set to splurge $3 billion on AI coding tool Windsurf as ChatGPT inventor looks to make programmers a bit more nervous

OpenAI plans to acquire Windsurf for $3 billion in a move that could challenge GitHub Copilot’s dominance.

TechRadar

OpenAI hires InstaCart CEO Fidji Simo for major leadership role

The move may raise questions about Sam Altman's long-term commitment to remaining OpenAI's CEO

Fortune

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OpenAI wants to sell 'democratic AI' to the world—and potentially increase its soft power globally

OpenAI’s Stargate seeks to export ‘democratic AI’—but will it also help the company secure more soft power on the global stage?

Fortune

OpenAI Abandons Plan To Become For-profit Company

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.

International Business Times

300 billion and counting: most popular chip designer in the world turns 40, and it all started in a wooden barn

40 years on: How Arm’s minimalist chip design became the blueprint for modern computing.

TechRadar

Cantor Fitzgerald partners with Tether, Bitfinex and SoftBank to launch Bitcoin acquisition company

Twenty One Capital plans to launch publicly with 42,000 Bitcoins.

Fortune

Bitcoin Rips To $94,000; Cantor Plots $3.6 Billion Crypto Venture

Bitcoin price continues rally as spot bitcoin ETF flows nearly hit $1B. Cantor, SoftBank plot new crypto venture to buy bitcoin.

Investors Business Daily

Microsoft AI boss confirms development of "off-frontier" AI models, but they'll be 3 or 6 months behind OpenAI: "Our strategy is to really play a very tight second"

Microsoft AI CEO Mustafa Suleyman says the company is building AI models that will be "three or six months behind" OpenAI, but they'll have advantages

Windows Central

Has x86 lost the data center battle? Arm claims victory as it declares close to 50 percent of compute shipped to top hyperscalers in 2025 will be Arm-based

Arm has x86 on the ropes as it declares close to 50 percent of compute shipped to top hyperscalers.

TechRadar

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Windows Central

Despite Microsoft's multi-billion-dollar OpenAI investment, these viral ChatGPT 4o Ghibli memes are another example of just how far behind Copilot is

Despite Microsoft's early multi-billion-dollar investment in OpenAI, it doesn't seem to have led to access to the latest models on any meaningful cadence.

Windows Central

SoftBank dethroned Microsoft as OpenAI's largest investor, pushing the ChatGPT maker's market cap to $300 billion — but reportedly buried itself in debt

OpenAI closed its latest round of funding where it managed to raise $40 billion from investors, pushing its market cap to $300 billion.

PC Gamer

OpenAI finalises deal for $40 billion in investments, raising company value up to $300 billion, but there's a catch to receive it all

OpenAI is being pushed to go for-profit.

Fortune

Asia tries to prepare for Trump’s ‘Liberation Day’ wave of new tariffs: ‘We’re working on this matter nonstop, even on weekends’

Vietnam cut import duties on Monday while other governments like Japan and Australia have tried negotiating with Washington.

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Investors Business Daily

Nvidia-Backed AI Stock CoreWeave Rebounds To Overtake Downsized IPO Price

CoreWeave stock gained more than 20% in Tuesday trading, bouncing back after a rough start for the Nvidia-backed AI stock.

The Conversation

East Asia is challenging Silicon Valley – by being like Silicon Valley used to be

Silicon Valley has been a universal symbol of innovation for decades. Because of its reputation, governments around the world have tried to foster their own versions by investing heavily in tech hubs.

The Guardian - UK

OpenAI raises $40bn in deal with SoftBank that values it at $300bn

Japanese investor to put $10bn at first into OpenAI and $30bn more by end of 2025 if certain conditions are met

Fortune

The nine lives of Masayoshi Son

Leading OpenAI's record-breaking $40 billion funding round shows the tech investor's knack for seizing big opportunities.

The Guardian - UK

First Thing: Markets brace for trade war as Trump prepares reciprocal tariffs

President promises to be ‘very kind’, but critics warn his strategy risks triggering chain reaction and global trade war. Plus, Nasa astronauts reject claims of neglect

Euronews

OpenAI secures $300bn valuation in funding round led by SoftBank

The firm has raised $40 billion, one of the largest ever funding rounds secured by a private start-up.

Evening Standard

OpenAI valued at 300 billion dollars after record-breaking funding round

The investment makes the AI firm one of the best-funded private start-ups in the world.

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