Sales in its cloud computing arm Amazon Web Services jumped 19% to £23.11bn. The retailer said it expected sales for Q1 2025 ...

In a move that signals a significant push for artificial intelligence adoption outside the United States, OpenAI, the ...

OpenAI  and SoftBank Group Corp. are joining forces in a joint venture to sell AI services to businesses across Japan, one of the broadest efforts yet to sell the fast-growing startup’s tools to ...

SoftBank is also committing US$15 billion to Stargate, a joint venture with OpenAI and Oracle. Read more at straitstimes.com.

The FTSE 100 index closed up 27.08 points, 0.3%, at 8,673.96. The FTSE 250 ended up 145.41 points, 0.7%, at 20,950.48, and the AIM All-Share closed down 0.10 points at 718.13.

Other AI-related companies, such as Nvidia (NVDA) and Arm Holdings (ARM), also saw gains following the announcement ... Amazon accounts for 40% of the U.S. online retail market, and its retail ...

Arm Holdings shares will likely remain on investors ... company will be a technology partner in the $500 billion Stargate AI Infrastructure project The stock broke out from a six-month symmetrical ...

Arm isn't just riding the AI hype trainit's driving it. Already commanding 99% of the smartphone chip market, the company is making aggressive moves in data centers, where efficiency is king.

and SoftBank to build AI infrastructure in the U.S. As key technology partners for the initiative, Nvidia, Microsoft, and Arm saw their shares gain. Wedbush analysts said they believe the project ...

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They will initially invest $100 billion to create and grow AI infrastructure in the United ... along with British semiconductor company Arm Holdings, whose shares were up more than 5%.

a $500 billion venture to invest in AI infrastructure. OpenAI, Oracle, Japanese company SoftBank, and Emirati firm MGX lead the venture as initial equity funders, with British chipmaker Arm ...