Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments.
SoftBank posts surprise loss in third quarter as Vision Fund investments go into red; revenue also misses estimates
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.
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World Leaders Seek Elusive AI Common Ground At Paris Summit
The gathering comes hours after Elon Musk reportedly put in a bid for star developer OpenAI, underscoring AI's potential to gather power into a single pair of hands.
Fox Acquires Conservative And True Crime Podcaster Red Seat Ventures
Fox has acquired Red Seat Ventures, a leading business in the creator economy that will operate as a standalone under Tubi.
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Elon Musk-led group proposes buying OpenAI for $97 billion. OpenAI CEO says ‘no thank you’
A group of investors led by Elon Musk says it is offering more than $97 billion to buy OpenAI, escalating a legal dispute with the artificial intelligence company that Musk ...
Exclusive: OpenAI set to finalize first custom chip design this year
OpenAI is pushing ahead on its plan to reduce its reliance on Nvidia for its chip supply by developing its first generation ...
Dolly, the oldest rhino in the US, has died at a Tennessee zoo at age 56
KNOXVILLE, Tenn. (AP) — The oldest rhinoceros in the United States has died at a Tennessee zoo. Dolly was 56 years old.
Japan's Ishiba makes a whirlwind Washington trip to try to forge a personal connection with Trump
Japanese Prime Minister Shigeru Ishiba didn't skimp on the legwork as he prepared for his meeting with President Donald Trump ...
The Time Is Now for Employers to Assess Risk of Employees’ Use of DeepSeek
DeepSeek-V3 became the most downloaded app across the world in Apple’s app stores less than one week after its release, ...
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The Trump Administration’s Entanglements With Saudi Arabia
Trump administration economic projects like its big AI build-out involve billions of dollars in investments from the Saudi ...