Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.
The prime minister’s bumbling answer to a press club question on Australia’s engagement in the AI arms race shows how complacent political and business leaders are.
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.
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Trump's Stargate AI initiative has resulted in backlash, including from Elon Musk. But what is it and how could it affect Australian AI?
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft
Trump targets BRICS over de-dollarization, warns of 100% tariffs. Markets brace for trade risks as US-China tensions threaten sentiment.
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.