Perplexity AI raises $500M in funding, boosting its valuation to $9B. The startup enhances its search tool with new features and strategic acquisitions to drive growth.

AI companies hire expensive engineers, and not a lot of them. The average AI start-up has 785 employees, according to Barron’s analysis.

Japanese tycoon Masayoshi Son has joined President-elect Donald Trump in announcing plans by technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States

Jefferies said SoftBank Group Corp's (TYO:9984) over its $100 billion U.S. investment pledge may limit share buybacks and constrain stock upside. Brokerage downgraded the stock to “hold.” The investment,

SoftBank CEO Son is expected to announce $100 billion US AI investment to create 100,000 jobs in data centers and semiconductor industries.

Trump also promised in his joint appearance with Son that the investment would create 100,000 jobs focused on Ai and related infrastructure, with the money to be deployed before the end of Trump’s

This pledge doubles the 50,000 jobs initially promised by Son after Trump’s victory in 2016, when SoftBank committed to investing $50 billion in the U.S. Son is known for making bold business decisions and has significant investments in numerous Silicon Valley startups and major companies like semiconductor design firm Arm and Chinese e-commerce giant Alibaba.

SoftBank Corp. plans to buy an industrial property in Osaka for more than $600 million to set up a big data center for artificial-intelligence applications, its latest investment in the burgeoning industry.

President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced Monday morning at Mar-a-Lago that the company is expected to invest $100 billion in US projects over the next four years with a goal of creating 100,

These announcements from SoftBank should be taken with a grain of salt given their past history with these announcements and […]

(RTTNews) - President-elect Donald Trump and SoftBank Group Chief Executive officer Masayoshi Son announced ... to create over 100,000 new American jobs in Artificial Intelligence (AI) and related critical infrastructure. SoftBank — which has offices ...

Son, a founder and CEO of SoftBank Group, is known for making bold choices ... The stock market rally and craze for AI has boosted the value of its assets, but it’s unclear whether its ...