SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a

Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking and blockchain tech. Akshay Naheta, a former SoftBank dealmaker, builds new-age pipes to modernize global payment networks.

Group, led by Japanese billionaire Masayoshi Son, plans to approach private equity firms Apollo Global Management (NYSE:APO) and Brookfield for funding assistance with the Stargate AI project, Nikkei reported.

SoftBank Group Corp. (OTCMKTS:SFTBY – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.76 and traded as low as $29.

SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou

President Trump announced on Tuesday a massive AI infrastructure project involving OpenAI, Oracle (NYSE:ORCL), and SoftBank (TYO:9984), with an investment plan of up to $500 billion. This project, named Stargate,

The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.

Nasdaq 100 E-Mini futures (NQH25) are trending up +0.82% this morning as optimism over more artificial intelligence spending under Donald Trump and strong quarterly results from Netflix boosted sentiment.

Netflix and AI excitement sent Wall Street to the brink of an all-time high on Wednesday. The post appeared first on TV News Check. The post Dow Gains 131, Nasdaq Jumps 253, S&P 500 Adds 37 originally published on TV News Check.

U.S. stock index futures rose on Wednesday, led by those tied to the Nasdaq, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.

The Nasdaq led gains among Wall Street's main indexes on Wednesday, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.

Wall Street hit new records as Donald Trump began his second term as 47th U.S. president this week. The S&P 500 index — as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — climbed above 6,100 points,