Softbank (9984 JT) CFO Goto says nothing has been decided about an additional funding round for OpenAI
SoftBank's CFO has indicated that there are no definitive plans for an additional funding round for OpenAI, which may signal a pause in investment discussions that could affect the tech sector sentiment, particularly around AI-related equities.
Hua Hong Semiconductor (688347 CN) Q4 (USD): Revenue 659.9mln (exp. 666.2mln), sees Q1 revenue to be between 650-660mln and gross margin 13-15%
BoE's Breeden says it is reasonable to expect rate cuts across the next couple of meetings if the economy evolves as expected
Softbank (9984 JT) CFO Goto says nothing has been decided about an additional funding round for OpenAI
China is to study a long-term mechanism to manage government debts, Bloomberg reports
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- Nothing to comment on investment in relation to plans for Japanese investment in the US.
This ambiguity might lead to questions about the potential impact on SoftBank's position in the market and its relation to key players like Microsoft, influencing investor expectations in both Asian and US equities as they gauge the landscape for AI investment.
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