SoftBank profit has surged dramatically in the second quarter of 2025, more than doubling to 2.5 trillion yen ($16.6 billion). The impressive growth is largely driven by valuation gains from its investment in OpenAI, the company behind ChatGPT. The Japanese technology conglomerate, led by Masayoshi Son, has made aggressive bets on artificial intelligence, and this…
In a landmark agreement that has the tech world buzzing, OpenAI has signed a colossal $38 billion cloud computing deal with Amazon, one of the most significant moves in artificial intelligence history. The deal is set to provide OpenAI, the creator of ChatGPT, access to Amazon Web Services (AWS) infrastructure, including high-performance Nvidia GPUs that…
The AI HPC Bitcoin miners market witnessed a major rally as Advanced Micro Devices (AMD) shares surged 30% following news of a landmark multi-billion-dollar deal with OpenAI. The agreement, which could give OpenAI up to a 10% equity stake in AMD, marks one of the most significant partnerships in the rapidly expanding artificial intelligence and…