SoftBank shares tumble after Nvidia stake sale
SoftBank shares hit one-month low after revealing $5.8bn Nvidia stake sale to fund AI investments like OpenAI. Market reacts to shifting AI strategy.
SoftBank shares hit one-month low after revealing $5.8bn Nvidia stake sale to fund AI investments like OpenAI. Market reacts to shifting AI strategy.
OpenAI ordered to pay damages after German court ruled ChatGPT illegally trained on pop songs. Landmark European ruling could reshape AI copyright landscape.
Japanese tech investor SoftBank sells its Nvidia stake for $5.8bn, redirecting funds into OpenAI. The move sparks a tech stock dip and fuels AI bubble concerns. Read the full analysis.
The multi-billion dollar partnership between OpenAI and Amazon Web Services exposes the eye-watering financial investment required to compete in the global AI race, with costs potentially reaching hundreds of millions annually.
Exclusive: Stephen Yiu of Blue Whale Capital proposes dramatic spin-off of London Stock Exchange to reverse the flow of companies fleeing to New York and restore the City's global financial standing.
OpenAI signs landmark multi-year agreement with Amazon Web Services, securing access to vast computing power and advanced Nvidia chips to fuel next-generation AI development.
OpenAI announces significant updates to ChatGPT designed to better support users discussing mental health concerns, including enhanced response protocols and crisis resource integration.
Major UK tinned food producer Princes, owner of popular tuna brands, is preparing for a potential London Stock Exchange listing that could value the business at hundreds of millions of pounds.
The iconic canned food giant Princes Group has launched its London stock market debut at the lower end of expectations, raising questions about investor appetite for new listings in challenging market conditions.
The AI pioneer OpenAI is preparing for what could become the largest stock market flotation in history, with a potential valuation soaring towards $1 trillion, according to insider reports.
Digital banking challenger Monzo names former Visa executive TS Anil as new CEO, positioning the fintech giant for potential £4 billion London stock market listing in major industry shakeup.
Sam Altman's OpenAI could become the first AI company to achieve trillion-dollar status through a potential 2026 stock market listing, reshaping the tech investment landscape.
British engineering giant Doncasters prepares to snub London for New York IPO, dealing another significant blow to the City's prestige and raising concerns about the UK's appeal to major corporations.
Digital payments giant PayPal partners with OpenAI to integrate payment capabilities directly into ChatGPT, revolutionising how users transact through AI conversations.
California's Attorney General launches scrutiny of OpenAI's governance shift as tech giant transitions from non-profit to capped-profit model, raising ethical concerns.