SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.

SoftBank is reportedly in talks to invest as much as $25 billion into OpenAI in a deal that would make it the artificial intelligence firm’s largest backer.

Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.

News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence. A company called DeepSeek said it had developed a large language model that can compete with U.

The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.

Sam Altman, OpenAI CEO, speaks as President Donald Trump, left, Masayoshi Son, SoftBank Group CEO, third from left, and, Larry Ellison, chairman of Oracle Corporation and chief technology officer ...

About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen by Bloomberg News. Or

President Trump and Elon Musk aren’t an exclusive item. That point was clear this week when the president welcomed OpenAI Chief Executive Sam Altman to the White House on the second day of Trump 2.0—a visit that left “First Buddy" Musk publicly fuming.

The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have turbocharged the expansion of data centers, driving up a surge in electricity demand in Texas and across the country.

On Tuesday, Trump announced a joint venture led by SoftBank Group Corp, OpenAI and Oracle ... and tech executives including Sam Altman and Larry Ellison. The venture will deploy $100bn ...

Sam Altman, OpenAI CEO, speaks to President Donald Trump, SoftBank Group CEO Masayoshi Son, and Oracle chairman Larry Ellison at the White House, on Jan. 21, 2025. (AP Photo/Julia Demaree ...

President Donald Trump speaks in the Roosevelt Room flanked by Masayoshi Son (2R), Chairman and CEO of SoftBank Group Corp, Larry Ellison (2L), Executive Charmain Oracle and Sam Altman (R), CEO of OpenAI (JIM WATSON/AFP via Getty Images) Advert But before ...