SoftBank Group

OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate,

SoftBank Group Corp said on Wednesday it would acquire Ampere Computing, a U.S. chip startup founded by the former president of Intel that is increasingly focused on artificial intelligence, in a $6.5 billion all-cash deal.

In today's AI infrastructure news, OpenAI and SoftBank plan to convert a former Sharp LCD plant in Osaka into a large-scale AI data center.

The week was rife with significant developments in the tech world, particularly in the realm of artificial intelligence (AI). From SoftBank Group's SFTBF announcement of a massive AI data center in Japan to Apple Inc.'s AAPL struggle in the AI race, the stories were as diverse as they were impactful. Here's a quick round-up of the top stories.

In a groundbreaking move that underscores the rapid advancements in artificial intelligence (AI), major industry players OpenAI, SoftBank, and Oracle

The integration of AI into radio access networks enables applications such as predicting criminal behavior and detecting falls among vulnerable individuals.

"For the past 10 years, we have been working on using AI to solve real-world problems," Daisuke Okanohara of Preferred Networks told CNBC's "Managing Asia."

SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.