Transcript: SoftBank wants a piece of the AI pie
SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.
Why Nvidia investors are spooked by Chinese AI upstart DeepSeek
Chinese tech champion Huawei has emerged as Nvidia’s primary competitor in China for inference chips. The Financial Times has previously reported that it has been working with AI companies, including DeepSeek, to adapt models trained on Nvidia GPUs to run inference on its Ascend chips.
Wall Street’s AI ‘bubble’ echoes dotcom excesses, Ray Dalio warns
Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium
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DeepSeek’s ‘aha moment’ creates new way to build powerful AI with less money
FREE TO READ] Chinese artificial intelligence group’s use of ‘reinforcement learning’ and ‘small language models’ leads to breakthroughs
How small Chinese AI start-up DeepSeek shocked Silicon Valley
Hedge fund billionaire Liang Wenfeng builds model on tight budget despite US attempt to halt China’s high-tech ambitions
SoftBank in talks to invest up to $25bn in OpenAI
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal that would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a huge new artificial intelligence infrastructure project.
SoftBank wants a piece of the AI pie
Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy.
OpenAI says it has evidence China’s DeepSeek used its model to train competitor
OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor, as concerns grow over a potential breach of intellectual property.
Transcript: China’s DeepSeek AI triggers tech sell-off
Sonja Hutson Good morning from the Financial Times. Today is Tuesday, January 28th. And this is your FT News Briefing. US tech stocks took a nosedive after a Chinese AI company stunned the industry. Plus, Starbucks wants to brew up more business, so now you got to pay to be there. I’m Sonja Hutson, and here’s the news you need to start your day.
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