SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.

SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.

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.

A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.

Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Septe

Among the actives, Nissan Motor tanked 2.45 percent, while Mazda Motor retreated 1.67 percent, Toyota Motor declined 1.45 percent, Honda Motor sank 0.83 percent, Softbank Group tumbled 1.81 ...

Among the actives, Nissan Motor climbed 1.14 percent, while Mazda Motor shed 0.69 percent, Toyota Motor tumbled 1.73 percent, Honda Motor rose 0.27 percent, Softbank Group retreated 1.33 percent ...

Asia Market Update: Nasdaq FUTs supported by SoftBank/OpenAI news; Large-cap tech earnings also in focus; Yen firms ahead of Himino, Fed decision was earlier; Tokyo CPI due on Fri. - SoftBank Group: Said to be in talks to invest up to $25.0B into OpenAI; the investment plan is said to be 'on top of' the Stargate commitment - FT.

Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.3% in early Thursday trading.

Tesla jumped 3.2% after CEO Elon Musk told analysts on a conference call that the company was on track to offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June. The electric car maker's fourth-quarter sales and profit fell short of Wall Street projections.

The Dow Jones Industrial Average slipped 14 points, and the Nasdaq composite gained 0.3%. Meta Platforms climbed after delivering a better profit report than expected and said it will continue to invest in AI efforts.

Major gainers included Softbank (9984), which surged 9.16% on news of the company entering the Stargate JV. Tokyo Electron (8035) advanced by 2.31%, while Nissan ... giants BHP Group Ltd. (BHP ...