The Business Times

OpenAI

Global Enterprise

SoftBank’s 40% slide since October underscores mounting worry over its giant OpenAI bet

Foxconn will manufacture the data centre components, which include cables, power systems, and networking equipment at its US facilities.
Telcos, Media & Tech

Foxconn, OpenAI partner on AI hardware manufacturing

Elon Musk’s social media platform X and startup xAI can move forward for now with their lawsuit, a preliminary victory for the billionaire entrepreneur in a battle over artificial intelligence dominance.
Telcos, Media & Tech

Apple and OpenAI must face X Corp’s lawsuit for now, US judge rules

Saxo’s comments come as investors have been getting increasingly concerned about overheated valuations for some of the biggest AI winners, particularly US-based innovation leaders such as Nvidia.
Global Enterprise

Asia is the place for investors seeking AI exposure, Saxo says

SoftBank had a net profit of 1.18 trillion yen in the same period a year earlier.
Startups & Tech

SoftBank Q2 profit more than doubles to 2.5 trillion yen on OpenAI gains

Intel's CEO Lip-Bu Tan speaks at the company's Annual Manufacturing Technology Conference in San Jose, California, April 29, 2025.
Telcos, Media & Tech

Intel CEO to oversee its AI efforts after executive departs for OpenAI

The letter, which has not been widely covered, offers added clarity into the role OpenAI thinks government should play to help offset the risk from costly investments in AI.
Telcos, Media & Tech

OpenAI asks US to expand chips tax credit to AI data centres

OpenAI CEO Sam Altman said the company expects to reach over US$20 billion in annualised revenue this year, a significant accomplishment for a startup.
Telcos, Media & Tech

OpenAI boss calls on governments to build AI infrastructure

OpenAI’s request for government support comes amid a massive spending spree on computing infrastructure, raising questions about how the company will recoup these investments.
Telcos, Media & Tech

OpenAI seeks government backing to boost AI investments

An earnings call on Wednesday marked the launch of SoftBank and OpenAI's local joint venture, SB OAI Japan.
Global Enterprise

SoftBank chases actual revenue with OpenAI in corporate Japan

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