In a major announcement that reflects the growing importance of artificial intelligence research, OpenAI revealed its plans to raise up to 40 billion dollars in a new funding round. Led by SoftBank Group, this initiative positions OpenAI at a valuation of 300 billion dollars. According to a statement from the prominent Japanese technology investment firm, the deal includes an initial injection of 10 billion dollars in mid-April, followed by an additional 30 billion dollars in December—contingent upon OpenAI achieving commercial status by the end of the year.
In the high-tech sector, Japanese company SoftBank Group continues its aggressive expansion strategy with the strategic acquisition of American startup Ampere Computing. The deal is valued at $6.5 billion and highlights SoftBank's intent to strengthen its position in the semiconductor sector, especially in light of the growing interest in artificial intelligence (AI).
On Monday, the US President raised tariffs on steel and aluminum imports from 10% to 25%. The new measures are even more stringent as exemptions for specific countries and products have been eliminated. Additionally, global mutual tariffs are set to be announced in the coming days. However, there is an opportunity for negotiation since the policy will only take effect on March 4, allowing for a potential review of trade conditions.
