SoftBank Group soars with a remarkable $2.87 billion profit in the first quarter, fueled by substantial gains from its Vision Fund investments, while its Stargate data center project faces a slight delay and it raises $7.8 billion from offloading T-Mobile shares.
SoftBank's Masayoshi Son tearfully laments selling $160 billion Nvidia stake for $4 billion, shifting focus to new $100 billion fund aimed at realizing artificial superintelligence.
SoftBank CEO Masayoshi Son tearfully laments selling his $3.6 billion Nvidia stake in 2019 for $160 billion loss, launches $100 billion AI fund named Izanagi.
Amazon Web Services commits to providing U.S. federal agencies up to $1 billion in cloud service discounts through 2028, joining Oracle and OpenAI in major deals aimed at accelerating government digital transformation and AI adoption.
In a groundbreaking move, Google offers free AI tools and training to college students globally, including the powerful Gemini 2.5 Pro and NotebookLM, with a $1 billion investment in AI education and Guided Learning to foster conceptual understanding.
OpenAI's valuation skyrockets to $500 billion as anticipation builds for the imminent GPT-5 launch and revenue soars from $10 billion to a projected $20 billion by year's end.
Major tech companies are implementing safeguards as concerns arise over users seeking mental health advice from AI chatbots, while several states regulate or prohibit the use of AI systems for direct mental health services, posing challenges for investment firms betting on AI therapy chatbots.
ChatGPT skyrockets to 700 million weekly users as OpenAI secures $8.3 billion in funding from top investors, amassing 5 million paying business clients.
Legal AI startup Harvey rockets to $100 million in annual revenue within three years of launching, quadrupling its weekly users while serving over 500 major clients including Comcast with AI-powered legal research and drafting services.
A surging Mid-Atlantic AI hub spanning Philadelphia, Baltimore, and Washington DC challenges Silicon Valley's primacy, boasting abundant talent and innovation but requiring strategic investment to scale its 'Star Hub' potential.