Oliver Matthew, head of Asia consumer research at CLSA, explains why he upgraded his rating of Softbank's stock after the announcement of the Stargate project between OpenAI, SoftBank and Oracle. He adds that Arm remains "a very solid play" on the future of artificial intelligence,

The post OpenAI, SoftBank investing $19B each into Stargate, report claims appeared first on Android Headlines.

Investors will be looking out for Malaysia’s central bank policy meeting today, where it’s expected to keep its policy rate steady at 3%.

BANGKOK (AP) — Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise.

OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria A look at the day ahead in European and global markets from Stella Qiu

BANGKOK (AP) — World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain's FTSE 100 slipped less than 0.1% to 8,539.88.

DeepSeek threatens to disrupt the AI sector in a similar fashion to the way Chinese companies have already upended industries such as EVs and mining.

Shares for leading US chip firm Nvidia dropped by almost 17% on Monday after the emergence of DeepSeek stunned Silicon Valley.

The dollar advanced after US President Donald Trump said he wanted “much bigger” universal tariffs. Most Asian shares fell as concern over high valuations in the artificial-intelligence sector stretched into a second day.

A new and largely unknown Chinese AI system called DeepSeek has rocked the tech industry and global markets. Tech shares plunged and chip maker Nvidia suffered falls of nearly 17 per cent on Monday, as President Donald Trump warned DeepSeek’s emergence was a “wake up call” for existing AI giants.

President Trump has a new task at the top of his rapid-fire agenda: confronting China’s artificial-intelligence prowess. DeepSeek said it achieved artificial-intelligence results on par with the best U.

SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter.