SoftBank Group CEO Masayoshi Son has made a strategic pivot toward the US market, appearing alongside President Donald Trump twice since his November election victory to unveil major investment plans.

Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.

Asian shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong and Shanghai rose but then shed some of their initial gains early Thursday. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,

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

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.

Asian markets fluctuated Monday on fresh trade fears after Donald Trump's decision to impose huge tariffs on Colombia, in retaliation for its refusal to accept deportation flights from the United States.

Masayoshi Son’s SoftBank (SFTBY) intends to reach out to major investment firms such as Apollo Global (APO) and Brookfield (BAM) about

Stargate, the project to build AI-focused data centers in the US, will reportedly get $19 billion from OpenAI and SoftBank.

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

Stargate is just one piece in the race for data, AI and global power. A glimpse into the future of U.S. regulation.

Stargate, a groundbreaking joint venture by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is set to transform the artificial intelligence landscape with exclusive data centers in the U.S. These centers will