Artificial-intelligence evangelists such as Sam Altman want to reshape the world, but they need mountains of money to do it. That is sparking a modern-day gold rush on Wall Street.

Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. SoftBank Chief Masayoshi Son and ...

Several well-known entrepreneurs topped the list of the richest people in the world in the first month of 2025.

State will be home to Stargate, a joint venture set to invest $500bn in AI infrastructure over the next four years ...

Elon Musk recently sparked skepticism in the AI community by claiming that companies funding the Stargate initiative lack the ...

TikTok may be back online, but the app’s future in the United States is still far from certain. President Donald Trump’s ...

News from China upset U.S. markets this week and disrupted the frenzy that had built up around artificial intelligence. A ...

The cheap, open AI model has sent shockwaves through Silicon Valley. Has Australia already been left behind or does DeepSeek’s rapid rise, despite limited resources, mean something similar could ...

Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two ...

Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear ...

Other potential buyers include the philanthropist Frank Mccourt ’s Project Liberty, which is raising capital to make a bid for TikTok in order to “rearchitect the platform” and protect user data.