#softbank

US Top News and Analysis | OpenAI trial updates: Board chair Taylor continues testimony, Altman set to take stand AI generated summary, Read the full article for complete information. OpenAI’s ongoing federal lawsuit in Oakland sees board chair Bret Taylor concluding his testimony on Monday, describing a “dire” period when the company nearly collapsed and explaining the recapitalization that left the nonprofit still in control while simplifying the structure for employees and investors such as SoftBank and Thrive Capital; his testimony paves the way for CEO Sam Altman to take the stand Tuesday morning after Taylor’s 8:30 a.m. PT appearance, as Elon Musk’s 2024 suit accuses Altman and president Greg Brockman of violating the nonprofit pledge and misusing his roughly $38 million donation for commercial purposes. In a related session, Microsoft CEO Satya Nadella, whose firm has invested more than $13 billion in OpenAI since 2019, testified that he never received any concerns from Musk about the investment, expressed pride in backing the startup when few would, and characterized the 2023 leadership turmoil around Altman’s brief ouster as “amateur” while emphasizing Microsoft’s focus on continuity. Read more: https://www.cnbc.com/2026/05/12/openai-trial-updates-sam-altman-set-to-testify-in-musk-suit.html #OpenAI #SamAltman #BretTaylor #ElonMusk #GregBrockman #Microsoft #SatyaNadella #SoftBank #ThriveCapital # #SatyaNadela

US Top News and Analysis | SoftBank has injected $450 million into this British AI chip company AI generated summary, Read the full article for complete information. SoftBank has injected more than $450 million into British AI‑chip maker Graphcore, which it acquired in 2024, to fund the development of artificial general intelligence (AGI) and bolster SoftBank’s broader AI‑infrastructure strategy. According to a Companies House filing, Graphcore issued a single share valued at $457 million on April 10, confirming the financing came directly from SoftBank. The infusion is part of a “portion” of the capital Graphcore expects from SoftBank this year and follows SoftBank’s heavy AI spending, including stakes in OpenAI and involvement in the $500 billion Stargate project. SoftBank aims to expand its AI footprint further, planning a standalone AI and robotics company in the U.S. and exploring a large AI data‑center project in France, while Graphcore is also investing up to £1 billion to open a new AI campus in Bengaluru, India. Read more: https://www.cnbc.com/2026/05/12/softbank-graphcore-ai-chip-investment.html #SoftBank #Graphcore #CNBC #CompaniesHouse #OpenAI #Oracle #Nvidia #Stargate #Bengaluru #

US Top News and Analysis | OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point' AI generated summary, Read the full article for complete information. OpenAI’s chief revenue officer, Denise Dresser, told CNBC that enterprise artificial‑intelligence adoption has reached a “tipping point,” prompting the launch of the OpenAI Deployment Company—a new venture designed to accelerate AI onboarding for businesses. The unit, announced alongside OpenAI’s acquisition of applied‑AI consulting firm Tomoro, brings roughly 150 engineers who will embed frontier AI models into clients’ workflows, working directly with users to integrate AI into back‑office applications and other processes. Backed by a partnership with 19 investment and consultancy firms—including Bain, Goldman Sachs and SoftBank—and majority‑owned by OpenAI, the Deployment Company aims to deliver AI solutions at speed and scale. Dresser’s comments come as rivals Anthropic and Google intensify competition for enterprise customers, with Anthropic recently forming its own $1.5 billion AI‑adoption fund alongside Goldman Sachs and Blackstone. Prior to joining OpenAI in December, Dresser served as CEO of Slack. Read more: https://www.cnbc.com/2026/05/11/open-ai-dresser-enterprise-business.html #OpenAI #DeniseDresser #CNBC #Bain #GoldmanSachs #SoftBank #Tomoro #Anthropic #Blackstone #Google #

Agenzia Nova: Imprese: SoftBank valuta prestito fino a 40 miliardi di dollari per investire in OpenAi 06 mar 06:47 - (Agenzia Nova) - Il conglomerato giapponese SoftBank sta valutando la richiesta di un prestito fino a 40 miliardi di dollari... (Git) Businesses: SoftBank considers a loan of up to $40 billion to invest in OpenAI. 06 Mar 06:47 - (Agenzia Nova) - The Japanese conglomerate SoftBank is evaluating a loan request of up to $40 billion... #SoftBank #OpenAI #AgenziaNova #Japanese https://www.agenzianova.com/a/69aa6cdb5ae975.62078980/7102524/2026-03-06/imprese-softbank-valuta-prestito-fino-a-40-miliardi-di-dollari-per-investire-in-openai