OpenAI

OpenAI, SoftBank invest US$1 billion in SB Energy as Stargate buildout expands

The data centre construction boom has also prompted major players, including Meta Platforms

A small group of users will be granted access in the initial phase after joining the waiting list.

OpenAI to roll out new ChatGPT health feature, with Singapore included in initial access

ChatGPT Health is ‘not intended for diagnosis or treatment’, company stresses

 OpenAI founder Sam Altman says the  “adult mode” within ChatGPT, set to debut this quarter, will feature “erotica for verified adults”.
THINKING ALOUD

ChatGPT refuses to be friendzoned

The chatbot’s impending ‘adult mode’ shows how old human impulses still drive new technology

Increasing the supply of Labubus would show whether the toy by Pop Mart is a passing fad, says the writer.
THE BOTTOM LINE

Imagine OpenAI bonds, Labubu everywhere

Could 2026 see these four market developments?

By most estimates, investment in AI infrastructure accounts for the vast majority of US economic growth, masking slowdowns in consumer spending and services sector activity.
OUTLOOK 2026

The AI bubble will surely pop sometime, but it’s an irrational exercise to predict exactly when

Even US Federal Reserve chairman Jerome Powell has confessed that economic trends and the impact of AI are confusing him

This investment marks one of the largest private funding rounds, and deepens SoftBank founder Masayoshi Son’s bet on artificial intelligence.

SoftBank has completed its US$40 billion investment in OpenAI

It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related infrastructure

The ChatGPT creator set off the modern AI boom, but it has yet to show a profit, one of the main indicators for investors concerned about a bubble in the industry.

OpenAI sees better margins on business sales: report

Most people use ChatGPT’s free version

The "all-in" bet on OpenAI is among the biggest yet by SoftBank CEO Masayoshi Son, as he seeks to ‍improve his firm's position in the race for AI.

SoftBank races to fulfil US$22.5 billion funding commitment to OpenAI by year-end: sources

[NEW YORK/TOKYO/SAN FRANCISCO] SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investmen...

Pop Mart, the Chinese firm behind Labubu dolls (above), is battling a scourge of fake Lafufus that have flooded online marketplaces.
PERSPECTIVE

What Novo Nordisk, OpenAI and Pop Mart have in common

All three have suffered the curse of overnight success