Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company ...

Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.

From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan.

One day after being sworn in as the 47th president of the United States, Donald Trump revealed the creation of Stargate, a ...

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OpenAI‘s Sam Altman and SoftBank’s Masayoshi Son during a news conference earlier this month at the White House. - Andrew Harnik/Getty Images In his newly built palace near Tokyo, lined by ...

In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival ...

Perhaps Son is banking on exploiting OpenAI’s new vulnerability to buy in at a bargain level. As recently as last week, OpenAI might have seemed a sensible bet. The group run by Sam Altman ...

SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer.