Technology
OpenAI Banks $11 Billion at $1.25 Trillion Valuation as Round Falls Short
OpenAI has wired in about $11 billion at a $1.25 trillion valuation, in a first funding close well short of…
SoftBank
Business
Nikkei Enters Bear Market as Wall Street’s AI Rout Spreads to Tokyo
Japan's Nikkei 225 closed more than 20% below its June record on Friday, entering a bear market as the sell-off…
Technology
China Blocks SoftBank’s $5.4 Billion Takeover of ABB’s Robotics Division
China has told SoftBank it will not allow its $5.4 billion purchase of ABB's robotics division to go ahead. The…