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SHOCKING: 8 | Mind Blowing Facts

Perplexity AI Makes $34.5 Billion Cash Bid For Google Chrome, Backed By Funds As Analyst Says Offer 'Vastly Undervalues' Asset

Perplexity AI, a San Francisco-based startup backed by Nvidia (NASDAQ:NVDA), SoftBank, and Jeff Bezos, has made an unsolicited $34.5 billion cash offer to acquire Google's Chrome browser, one of the most widely used internet tools in the world, Bloomberg reports.

Benzinga

'Someone is going to lose a phenomenal amount of money' says OpenAI CEO Sam Altman about unwise AI investment. 'When bubbles happen, smart people get overexcited about a kernel of truth'

Not OpenAI investors, though. Obviously.

PC Gamer

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Tom’s Hardware

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OpenAI Employees Eye $6 Billion Share Sale To SoftBank As ChatGPT Maker's Valuation Nears $500 Billion: Report

Employees of AI firm OpenAI are reportedly mulling over the sale of nearly $6 billion worth of shares to investors, including SoftBank Group (OTC:SFTBY) and Thrive Capital.

Benzinga

SoftBank Plans Biggest US IPO Since Arm Went Public: Taps Top Wall Street Banks For A Potential $2 Billion Offering

Japan’s Softbank Group Corp. (OTC:SFTBY) is reportedly in talks with major U.S. investment banks regarding an initial public offering for its payments platform, PayPay.

Benzinga

SoftBank Stock Surges 10% After Exec Teases $12 Billion OpenAI Windfall — But $500 Billion 'Stargate' AI Project Pitched To Trump Hits Snags

SoftBank Group Corp. (OTC:SFTBY) (OTC:SFTBF) shares surged 10.47% to JPY 13,875 ($94.11) on Friday on the Tokyo exchange following the company’s first quarter of 2026 earnings call, where executives highlighted massive gains from artificial intelligence investments while acknowledging delays in the ambitious Stargate data center project.

Benzinga

Tokyo Soars On Trade Deal Relief As Asian Markets Limp Into Weekend

Japanese stocks rallied Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their trade deal.

International Business Times

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Will GPT-5 let OpenAI break away from the pack?

As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with its ambition.

Fortune

Nvidia, AI Bets Lift SoftBank To Profit After Brutal Year-Ago Loss

Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The company reported quarterly net sales of 1.82 trillion Japanese yen ($12.54 billion), up from 1.70 trillion yen ($11.71 billion) a year ago.

Benzinga

Japan tech giant SoftBank Group sees better fortunes on surging AI stocks

Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding from a loss a year earlier, as its investments benefited from the craze for artificial intelligence

The Independent UK

OpenAI Poised To Dethrone SpaceX With Mind-Blowing $500bn Valuation

OpenAI eyes $500 billion valuation via share sale, set to overtake Elon Musk's SpaceX as the world's most valuable private tech company.

International Business Times UK

OpenAI Just Raised $8.3 Billion At This Valuation As ChatGPT Growth Soars

ChatGPT parent OpenAI has raised $8.3 billion in new capital at a $300 billion valuation as part of its ongoing $40 billion fundraising effort, according to a person familiar with the deal.

Benzinga

Arm AI Ambitions Grow, But Analysts Warn Of Margin Trouble Ahead

Arm Holdings (NASDAQ:ARM) underwhelmed with its latest quarterly results, prompting Wall Street analysts to revise their ratings on the chip designer.

Benzinga

Semiconductor Slump Puts Direxion's NVDA-Centered NVDU And NVDD ETFs In Focus

While artificial intelligence has been one of the hottest topics in the business ecosystem, it's not without its challenges. Six months following its high-profile announcement at the White House, the $500 billion Stargate project — a joint venture between OpenAI and SoftBank — has encountered significant delays and scaled-back ambitions.…

Benzinga

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Benzinga

Elon Musk 6 Months Ago Said SoftBank Doesn't Have The Money To Power $500 Billion Stargate Project — Now OpenAI Says 5GW With Oracle Will 'Exceed' The 'Initial' Commitment Made With Trump

Oracle Corporation (NYSE:ORCL) has partnered with OpenAI to expand the Stargate data center capacity in the U.S. by 4.5 gigawatts. This strategic investment aims to bolster the U.S.’s AI leadership and foster industrial growth.

TechRadar

Stargate is back on - OpenAI and Oracle unveil massive data center expansion plans in major AI push

OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas.

Geekflare

OpenAI Is Building a Massive New AI Data Center Across the U.S.

OpenAI has partnered with Oracle to develop 4.5 gigawatts of additional data center capacity in the United States under the Stargate initiative. This

Benzinga

What's Going On With Super Micro Computer Stock?

Shares of server manufacturer Super Micro Computer Inc (NASDAQ:SMCI) closed Tuesday’s session lower, caught in a broader pullback among chip and AI-related stocks. Here’s what investors need to know.

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Benzinga

Options Corner: This Statistical Signal Just Revealed A Mispricing For Marvell Technology

Circumstances don't look particularly appealing for semiconductor stocks, with a key projected focused on artificial intelligence getting off to a rocky start. Just six months after the announcement of the $500 billion Stargate initiative — a joint venture between OpenAI and SoftBank to bolster AI infrastructure in the U.S. —…

Benzinga

AMD Stock Is Sliding Tuesday: What's Driving The Action?

Shares of Advanced Micro Devices Inc (NASDAQ:AMD) are trading lower Tuesday afternoon, caught in a broader downturn affecting the semiconductor industry. Here’s what investors need to know.

Fortune

OpenAI faces an 'increasingly fragile moat,' JPMorgan says, as Sam Altman braces for 'OS war' against Google, Apple and other Silicon Valley titans

OpenAI has a $700 billion-plus total addressable market ahead of it, JPMorgan says as it takes the rare step of covering a private company.

Tom’s Hardware

OpenAI and Oracle ink deal to build massive Stargate data center, total project will power 2 million AI chips — Stargate partner SoftBank not involved in the project

OpenAI and Oracle plan to add 4.5 GW of U.S. data center power for the Stargate project, boosting total capacity past 5 GW to support millions of AI processors.

PC Gamer

OpenAI's skyrocketing spending could see billions of dollars in silicon headed down the AI mines in the next few years, including 2 million Nvidia chips headed to Texas Stargate facility

That's a lot of graphics cards.

Benzinga

Elon Musk Says 'They Simply Don't' Have The Funding, Doubts Stargate AI

On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL), and Qualcomm (NASDAQ:QCOM), traded lower.

TechRadar

Open AI's massive Project Stargate is already struggling, may be scaled back

OpenAI and SoftBank say Project Stargate is fine, but Oracle says it's not formed yet, alluding to potential delays.

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