SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter.
SoftBank Group CEO Masayoshi Son has made a strategic pivot toward the US market, appearing alongside President Donald Trump twice since his November election victory to unveil major investment plans.
Investors will be looking out for Malaysia’s central bank policy meeting today, where it’s expected to keep its policy rate steady at 3%.
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 are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong and Shanghai rose but then shed some of their initial gains early Thursday. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
CNBC's Alex Harring and Brian Evans contributed to this report. Softbank Group shares climb over 8% after U.S. AI infrastructure investment plans Shares of Softbank Group rose 8.6% after U.S ...
Tech stocks lead gains in Hang Seng and Nikkei 225, fueled by Beijing stimulus, Trump’s tariff shift, and Fed rate cut hopes
Artificial intelligence has been at the center of the U.S.-China technology battle, fueling a so-called AI arms race and a spate of export controls from the U.S. aimed at restricting China’s access to critical advanced technology.
Officials in Beijing said Chinese pension funds and ... including those of SoftBank Group Corp. It is investing heavily in Stargate, a joint venture the White House has announced will start ...
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.
The rise of little-known Chinese tech start-up DeepSeek has exposed weaknesses in America's "small yard, high fence" strategy to contain China's technological progress, according to experts. The company's success has also signalled an intensifying competition between the US and China to win over the brightest AI minds,
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.