The Japanese investment holding company could allocate $15 billion to $25 billion directly into the Microsoft-backed artificial intelligence pioneer, some of which may be used to pay for the ChatGPT owner’s commitment to Stargate.
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SoftBank in talks to invest
up to $25B into OpenAI
The Japanese investment holding company could allocate $15 billion to $25 billion directly into the Microsoft-backed artificial intelligence pioneer, some of which may be used to pay for the ChatGPT owner’s commitment to Stargate. Read here
Zayo close to $8B deal to buy Crown Castle assets
The Colorado-based communications infrastructure company owned by Swedish firm EQT is in the lead to buy the Texas-based real estate investment trust's assets, outbidding buyout firm TPG. Read here
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LinkedIn passes $2B in revenue over 12 months
The California-based professional networking platform, which now has more than 1 billion users, has achieved an increase of 9% in earnings over the last year thanks to premium subscriptions. Read here
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NEWS WORTH NOTING
Meta to spend billions on AI, shrugs off DeepSeek
The California-based tech company will be investing “very heavily” in artificial intelligence — even “hundreds of billions of dollars” — over the long term, according to CEO Mark Zuckerberg.Read here
Britain's competition regulator has initiated an inquiry into the Texas-based oilfield services company's proposed acquisition of its smaller rival. Read here
Lufthansa acquires 10% stake in Latvia's airBaltic
The German airline has agreed to buy shares in the IPO-bound Latvian carrier in its latest move to expand its European presence and gain access to more planes. Read here
Seven & i seeks investment from Charoen Pokphandr
The founding family of the owner of the 7-Eleven chain is asking the Thai multinational conglomerate to invest in a management buyout of the Japanese retailing giant. Read here
Renault, Nissan talk value of shares in Honda merger
Executives from the French automaker have met with counterparts at the Japanese firm in an effort to maximize the value of the carmaker's stake ahead of its merger.Read here