SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.

Japanese Prime Minister Shigeru Ishiba will hold talks with OpenAI CEO Sam Altman and SoftBank Group CEO Masayoshi Son on Monday, the Japanese government said on Friday.

Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft

The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.

SoftBank Group, led by Masayoshi Son, is in discussions to invest up to $40 billion in OpenAI, valuing it at $300 billion. This follows a shift in AI dynamics with DeepSeek overtaking ChatGPT in US App Store rankings,

Trump targets BRICS over de-dollarization, warns of 100% tariffs. Markets brace for trade risks as US-China tensions threaten sentiment.

RECAP: Most Asian markets edged up yesterday after days of volatility in the tech world caused by the DeepSeek AI breakthrough, while sentiment was dampened by US President Donald Trump confirming hefty tariffs on Canada and Mexico.

The Dow Jones Industrial Average slipped 14 points, and the Nasdaq composite gained 0.3%. Meta Platforms climbed after delivering a better profit report than expected and said it will continue to invest in AI efforts.

OpenAI is reportedly in talks to raise $40 billion through another round of funding, pushing its market capitalization to approximately $340 billion.

SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.

Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Septe