A look at the day ahead in European and global markets from Stella Qiu Day two of Donald Trump's second presidency culminated in an announcement that OpenAI, SoftBank Group and Oracle will form a venture called Stargate and invest $500 billion in AI infrastructure across the United States,

US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.

Tech giants OpenAI, SoftBank and Oracle are forming a new entity in a bid to advance artificial intelligence infrastructure in the United States. Stargate aims to

The author and editors take ultimate responsibility for the content. SoftBank Group (SFTBF 8.38%) is a Japanese holding company that focuses on investment management. The company was formerly a ...

US President Donald Trump has started his second term with a bang - a private sector artificial intelligence investment of at least US$100 billion announced by the White House on Tuesday. "This monumental undertaking is a resounding declaration of confidence in America's potential under a new president,

The tepid open for Asian markets came after the S&P 500 rose 0.6% on Wednesday, putting the index close to an all-time high.

YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.

SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to Trump's home in Mar-a-Lago.

Chinese companies won’t likely step up investments in the U.S. under the incoming Trump administration, analysts said.

“While Tuesday is the first trading session under Trump 2.0, markets are forward looking, and much of the optimism over the potential for tax cuts and deregulation is already priced in, via the post-election stock market surge, which stocks have held onto for the most part,” Geranen said.

President Donald Trump revoked a 1965 civil rights executive order Tuesday, rolling back authorities long used to prevent employment discrimination by federal contractors, subcontractors and grant recipients. He also ordered agencies to plan potential civil rights investigations against private sector entities who embrace diversity hiring.