SoftBank Group led a $40 billion funding round for OpenAI, amidst market volatility influenced by Trump's tariffs.
2 reports, 2 independent
Updated Jun 26
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What happened
SoftBank Group led a $40 billion funding round for OpenAI, amidst market volatility influenced by Trump's tariffs.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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SoftBank Group
Japanese company
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OpenAI
American artificial intelligence research organization
- Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.
- Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
Related events
- The Institute for Supply Management noted on August 8, 2025, that tariffs from the Trump administration were causing market volatility and hurting industry and consumers.
- Barclays raised its price target for Okta, noting that AI stocks are benefiting from the onshoring trend and Trump-era tariffs.
- Trump's political conflict with the FED and tariff uncertainty are influencing Treasury yields.
- Trump's tariff plan caused markets to tank, impacting Donnelley Financial Solutions.
- AI stocks are benefiting from Trump-era tariffs, with Morningstar and ClearBridge providing market analysis on growth and upside potential.
Coverage
Newest first; wire copies grouped- english.news.cn
- ReutersGlobal M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth By Emma-Victoria Farr and Amy-Jo Crowley LONDON (Reuters) -Global dealmaking has reached $2.6 trillion, the highest