Shares of Japanese chip-related firms were feeling the heat on Monday. Today’s slump comes as Chinese AI startup DeepSeek gained traction with its updated AI model, raising fears about potential challenges to US technological dominance.

On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."

The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than sevenfold over the past two years, and today, it topped the charts as the world's most valuable company in terms of market cap. The stock was up as much as 4.7% Wednesday morning. At 12:32 p.m. ET, the stock was still up 4.1%.

OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.

SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a

Software giant Oracle and Japan’s SoftBank Group saw their share prices rise ... “continue to increase its consumption of Azure.” Nvidia, whose chips power much of the underlying ...

US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.

(Bloomberg) -- SoftBank Group Corp., OpenAI ... Arm Holdings Plc, Microsoft Corp. and Nvidia Corp. will provide technology, along with Oracle and OpenAI, it said. Trump has signaled a wide ...

SoftBank Group shares jumped after the company and ... Oracle and Abu Dhabi-based MGX, with Microsoft and Nvidia serving as key technology partners. Its first project will be in Texas, with ...

Asian markets fluctuated today on fresh trade fears after Donald Trump’s decision to impose huge tariffs on Colombia, in retaliation for its refusal

DeepSeek R1’s Monday release has sent shockwaves through the AI community, disrupting assumptions about what’s required to achieve cutting-edge AI performance. This story focuses on exactly how DeepSeek managed this feat,