SoftBank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion last week, according to the sources familiar with the matter. SoftBank had previously syndicated $10 billion and invested $8 billion in the ChatGPT maker. The investment takes…
Octopus Energy branded electric vehicles parked in front of a modern suburban house on the 19th of March 2025 in Folkestone, United Kingdom. The house features rooftop solar panels, highlighting a commitment to renewable energy. The scene represents the growing adoption of sustainable energy solutions, with Octopus Energy playing a key role in promoting electric…
The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its…
Democrat Rep. Ro Khanna has embraced a wealth tax in his home state of California, and his longtime allies in Silicon Valley are now threatening to abandon him. California labor groups are trying to add a proposal for a statewide tax on billionaires to the November ballot. The proposal is causing a rift among Democrats…
Lenovo in partnership with AKT II and Mamou-Mani imagines the data centers of the future: a data center spa James Cheung, partner at Mamou-Mani Artificial intelligence is advancing at breakneck speed, forcing a rethink of how the power-hungry servers behind the boom can coexist with — and draw less from — the environment. Data centers…
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on November 21, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of data center investment firm DigitalBridge surged as much as 50% in premarket trade on Monday after a media report that Japan’s SoftBank was in advanced talks to acquire the…
This photo taken on February 2, 2024 shows Lu Yu, head of Product Management and Operations of Wantalk, an artificial intelligence chatbot created by Chinese tech company Baidu, showing a virtual girlfriend profile on her phone, at the Baidu headquarters in Beijing. Jade Gao | Afp | Getty Images BEIJING — China plans to restrict…
QTS’s data center in Cambois, North East of England When the U.K. announced its AI Opportunities Action Plan — a grand blueprint to deploy the tech across society — in January, Prime Minister Keir Starmer declared the strategy would make the country an “AI superpower.” One of the key pillars of this plan was a…
Europe stands at a crossroads: compete meaningfully in the AI race or stick to its world-leading climate goals. “It’s like a fork in the road moment for Europe,” Wedbush Securities’ Dan Ives told CNBC. The bloc can either “play in the future” or risk “missing a big part of this technology wave.” The dilemma is compounded…
Recently appointed NASA Administrator Jared Isaacman on Friday told CNBC that the U.S. will return to the moon within President Donald Trump’s second term. Isaacman, a close ally of SpaceX CEO Elon Musk, told CNBC’s “Closing Bell Overtime” that Trump’s recommitment to exploring the moon is key to unlocking the “orbital economy.” “We want to…
