La vendita allo scoperto per SoftBank Group dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di SoftBank Group. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

SoftBank Group (OTC:SFTBY) Azioni, Report sulle vendite allo scoperto

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SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer Arm Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early-stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet and AI companies.

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Un accordo da 200 milioni di dollari porta la nota IA nel mondo della difesa. Ma dietro la notizia si cela una partita molto più grande.

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Peter Lynch, ex gestore del Fidelity Magellan Fund e uno degli investitori più rispettati del XX secolo, ha ammesso che il suo più grande errore finanziario è stato vendere troppo presto azioni vincenti.

Peter Lynch confessa: il suo errore più grande glielo ha ricordato Warren Buffett

<a target="_blank" href="https://www.benzinga.com/topic/arm" rel="noreferrer noopener">British smartphone chip designer</a> Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) trades above its 50-day moving average of $134.91. The stock surged 20% year-to-date, 39% in the last three months.
The tech-heavy NASDAQ 100 Index (dominated by Nvidia (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>), Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)), which includes Arm, gained over 8% and 19% during the periods.
Nearly all smartphones run on processors built using Arm&#8217;s architecture. SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>)- owned Arm creates the core design blueprints and licenses them to companies such as Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Samsung (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>), and Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), which then develop and manufacture the final chips.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45924007/arm-ceo-warns-chip-sanctions-on-china-are-counterproductive-for-usa" rel="noreferrer noopener">Arm CEO Warns Chip Sanctions On China Are Counterproductive For USA</a>
Arm rival Nvidia gained over 19% and 40% during the periods, backed by demand for its Graphics Processing Units (GPUs) and its Compute and Networking segment, which includes AI processors and data center architecture.&nbsp;
<h2 class="wp-block-heading">What Is Fueling Arm&#8217;s Upside?</h2>
On May 7, Arm Holdings reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45268429/arm-holdings-stock-plunges-after-q4-results-heres-why" rel="noreferrer noopener">fourth-quarter revenue</a> of $1.24 billion (up from $928 million a year ago), which beat the consensus estimate of&nbsp;$1.23 billion.
This was driven by increased deployment of its CSS platforms across AI data centers, cloud computing, and mobile. The company reported it achieved record licensing revenue and delivered record royalty revenue exceeding $600 million in the fourth quarter.
ARM projects first-quarter revenue of $1 billion to 1.1 billion, representing 12% growth, with royalty growth accelerating to 25-30%.
Rene Haas, CEO, emphasized <a target="_blank" href="https://www.benzinga.com/25/05/45277764/arm-says-tariffs-cant-touch-its-business-as-ai-boom-fuels-record-revenue-cant-run-ai-without-arm-ceo-rene-haas-says" rel="noreferrer noopener">that the company</a> remains a primary beneficiary of rising AI demand, stating that AI is transforming every industry, and Arm is essential to powering it.
He also projected strong momentum in the data center space, expecting up to 50% of new server chips at hyperscalers to use Arm-based designs this year.
Arm CFO Jason Child explained that the company withheld full-year guidance due to macroeconomic uncertainties, including potential indirect effects from U.S.-China tariffs.
He reassured investors that tariffs don&#8217;t directly affect Arm since it provides services—not end products—but noted that 10–20% of royalty revenue tied to U.S. shipments could see minor demand-driven impacts.
<h2 class="wp-block-heading">What Are The Macroeconomic Growth Drivers For Arm?</h2>
Arm stands to gain from several recent developments boosting the U.S. chip industry. President Donald Trump&#8217;s newly passed &#8220;Big Beautiful Bill&#8221; raises the <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46295574/nvidia-outpaces-market-with-ai-powered-growth" rel="noreferrer noopener">semiconductor investment tax credit</a> from 25% to 30% through 2026, encouraging chipmakers to expand domestic manufacturing, potentially increasing demand for Arm&#8217;s chip designs.
In addition, the bill eliminates the $7,500 EV tax credit starting September 30, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/07/46279040/tax-credits-are-ending-can-mullens-global-push-and-crypto-pivot-win-over-ev-buyers" rel="noreferrer noopener">prompting automakers to</a> hike EV prices. Higher margins could give these companies more room to invest in advanced chips, further supporting Arm&#8217;s growth as a leading chip architecture provider.
<h2 class="wp-block-heading">What Do Experts Think About Arm?</h2>
After the quarterly results, analysts slashed their price forecasts on Arm, citing <a target="_blank" href="https://www.benzinga.com/news/earnings/earnings-beats/25/05/45293838/arm-holdings-posts-record-q4-revenues-q1-guidance-lower-as-indirect-tariff-impacts-loom-analysts-cut-price-targets" rel="noreferrer noopener">indirect tariff impacts</a>.
On June 11, in CNBC&#8217;s &#8220;Mad Money Lightning Round,&#8221; Jim Cramer backed Arm, saying <a target="_blank" href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45881307/jim-cramer-says-joby-aviation-is-good-and-hes-going-with-it" rel="noreferrer noopener">investors are in</a> good hands with CEO Rene Haas, whom he praised as a strong leader and a key partner of Nvidia.
Thirty analysts have assigned Arm a <a target="_blank" href="https://www.benzinga.com/quote/ARM/analyst-ratings" rel="noreferrer noopener">consensus price forecast</a> of $151.72. Rosenblatt set the highest forecast at $225 on February 6, 2025. Based on the latest ratings from Mizuho, Guggenheim, and Loop Capital, which average $174, Arm could see an implied upside of 16.97%.
On June 9, Bank of America Securities analyst Vivek Arya highlighted Arm&#8217;s <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45845825/ai-momentum-powers-nvidia-arm-and-chip-supply-chain-in-bofa-recap" rel="noreferrer noopener">growing strength in</a> the data center space, noting that the company expects to maintain a 50% share of server CPU deployments this year.
He raised his price forecast on Arm to $150 from $135, citing its expanding market share, robust licensing model, and rising royalty rates—factors that give it a stronger growth profile than rivals like Nvidia, Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Arya reaffirmed his bullish stance on Nvidia, calling it the best positioned to capitalize on the AI boom due to its unmatched performance lead, massive developer base, and full-scale rack system production.
While AMD shows solid momentum with strong second-quarter sell-through and potential seasonal gains, Intel continues to face concerns around tariff-related PC pull-ins.
Price Action: ARM stock is up by 1.17% at $149.52 at the last check Wednesday.
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Photo via Shutterstock

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Chipmaker Arm Is Riding AI Wave And Outperforming The Market

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OpenAI, the AI powerhouse backed by Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), on Wednesday announced it has agreed to lease 4.5 gigawatts of computing power from Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) under its Stargate initiative, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-07-02/oracle-openai-ink-stargate-deal-for-4-5-gigawatts-of-us-data-center-power?sref=TBDibEcD" target="_blank" rel="noreferrer noopener">reported</a> on Thursday, citing unnamed sources familiar with the matter.
Oracle has committed $7 billion in the Stargate joint venture and plans to spend $25 billion in capital expenditure in 2026, well above prior estimates.
Coinciding with these developments, Oracle announced a single cloud deal worth $30 billion involving Stargate in annual revenue beginning in fiscal 2028 with an undisclosed customer, reportedly, OpenAI, the Financial Times <a href="https://www-ft-com.ezphost.dur.ac.uk/content/b4324903-ff53-48c2-bf71-4151cd4f68d0" target="_blank" rel="noreferrer noopener">cited</a> unnamed sources familiar with the matter.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/06/45912952/oracles-ai-ambitions-take-flight-after-record-cloud-growth-what-do-analysts-really-think" rel="noreferrer noopener">Oracle&#8217;s AI Ambitions Take Flight After Record Cloud Growth: What Do Analysts Really Think?</a>
Stargate, OpenAI&#8217;s project with partners including Oracle and&nbsp;SoftBank Group&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), proposed investing $500 billion to build data centres in the U.S. and globally.
It aims to establish expansive AI data centers across the U.S. and globally, fundamentally reshaping the computational infrastructure for advanced AI models.
On January 21, 2025, U.S. President Donald Trump formally announced the Stargate project. SoftBank&#8217;s CEO, Masayoshi Son, is the venture&#8217;s chairman.
The joint venture has raised about $50 billion from its founding partners, including Oracle and Abu Dhabi sovereign fund MGX.
Potential locations for the new data centre included Texas, Michigan, Wisconsin, Wyoming, New Mexico, Georgia, Ohio, and Pennsylvania. Oracle also plans to expand a 1.2GW Stargate facility in Abilene, Texas, with development partner Crusoe.
To support the computational needs of Stargate, Oracle is making substantial investments in hardware. It plans to purchase nearly 400,000 Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GB200 chips for an estimated <a href="https://www.benzinga.com/markets/equities/25/05/45599854/oracle-to-spend-40-billion-on-nvidia-gb200-chips-for-openais-texas-data-center-report">$40 billion to power its data center</a> in Abilene, Texas. 
Oracle stock surged 38% year-to-date, topping the S&amp;P 500 and NASDAQ Composite indexes&#8217; approximately 6% returns. The company stock price is trading close to its 52-week high of $231.90.
Wedbush Securities analyst&nbsp;Dan Ives, on June 18, named Oracle as one of the <a target="_blank" href="https://www.benzinga.com/markets/equities/25/06/45996376/dan-ives-says-oracle-and-ibm-are-the-new-microsoft-in-big-catch-up-trade-broader-ai-tailwind-is-far-from-priced-in" rel="noreferrer noopener">overlooked AI plays</a>, comparing its current setup to Microsoft&#8217;s breakout in mid-2023. He expects institutional investors to rotate into Oracle as they catch up to the AI trade. Ives noted Oracle is now positioned as a key AI infrastructure player with a strong enterprise customer base.
ORCL Price Action: Oracle stock is trading higher by 0.63% to $231.42 premarket at last check Thursday.
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Photo by Svet foto via Shutterstock

Media

OpenAI's 4.5 GW Lease From Oracle Fuels Stargate's $500 Billion Vision

Venture capitalist Vinod Khosla revealed how Elon Musk&#8216;s funding withdrawal from OpenAI created the investment opportunity that led to his conviction bet on the artificial intelligence startup, according to his recent appearance on the Uncapped podcast with Jack Altman.
What Happened: Khosla, founder of Khosla Ventures, described his OpenAI investment as &#8220;more than twice the largest initial investment I&#8217;d made in four years of venture capital,&#8221; emphasizing it was a conviction play based on fundamental analysis rather than &#8220;herd mentality.&#8221; 
The investment decision came in 2018 when Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Musk failed to meet his funding commitments to OpenAI.
&#8220;When Elon backed off funding OpenAI, he committed a lot of money that he didn&#8217;t meet his commitments for, and when Sam [Altman] called me I looked at that and said &#8216;We have the right team,'&#8221; Khosla explained during the podcast.
The veteran investor expressed concerns about competitive dynamics in the AI landscape, particularly regarding Chinese company Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google. He noted that Google &#8220;was moving very slowly&#8221; while Baidu &#8220;was stealing Google&#8217;s people by setting up an office down the street and stealing their expertise.&#8221;
See Also: <a href="https://www.benzinga.com/news/topics/25/07/46215067/bill-gates-once-had-a-gaping-hole-in-his-dashboard-sequoias-michael-moritz-recalls-being-chauffeured-by-a-future-billionaire-obsessed-with-a-7-minute-commute-while-building-microsoft">Bill Gates Once Had A &#8216;Gaping Hole&#8217; In His Dashboard: Sequoia&#8217;s Michael Moritz Recalls Being Chauffeured By A Future Billionaire Obsessed With A 7-Minute Commute While Building Microsoft</a>
Why It Matters: Khosla&#8217;s investment thesis was built on years of preparation. He had been tracking AI progress since 2000, when he predicted AI would redefine humanity. By 2012, he published blogs questioning whether AI would replace doctors and teachers. His 2016 presentation to the National Bureau of Economic Research examined which occupations could be displaced by AI technology.
The decision to back OpenAI stemmed from Khosla&#8217;s analysis of talent influx and performance benchmarks. &#8220;I looked at the rate of progress and the rate of talent influx, those two things convinced me the moment for AI was soon,&#8221; he said. Despite uncertainty about timing, Khosla told his partner the investment was &#8220;too important to not try.&#8221;
OpenAI&#8217;s current valuation has reached $300 billion following a $40 billion funding round, with backing from Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and SoftBank Group Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#NYSE">SFTBY</a>). The company&#8217;s transition from nonprofit to for-profit structure has drawn legal challenges from Musk, who co-founded OpenAI before departing in 2018.
Khosla&#8217;s track record includes the $7 billion return on a $3 million Juniper Networks investment, achieved by betting against industry consensus on internet protocols. 
Read Next:
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Svet foto / Shutterstock.com

Entrepreneurship

BIDU

TSLA

Vinod Khosla Recalls Betting On OpenAI After Elon Musk Backed Off Funding: Google Was Moving Very 'Slow,' Baidu Was Stealing Talent

Palo Alto Networks Inc. CEO Nikesh Arora revealed insights into SoftBank Group Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) CEO Masayoshi Son&#8216;s risk-taking philosophy during a recent podcast appearance, comparing the Japanese billionaire&#8217;s approach to life to the fictional character Benjamin Button.
What Happened: Speaking on Zerodha co-founder Nikhil Kamath&#8216;s podcast, Arora described how Son, now 67, embodied a reverse-aging mentality between the ages of 50 and 60.
&#8220;He was going, touching everything his mother said don&#8217;t touch,&#8221; Arora said, referencing how most cultures teach risk aversion from childhood.
Arora, who worked alongside Son at SoftBank, characterized the investor as someone who defied conventional wisdom about settling down and minimizing risk. &#8220;Masa&#8217;s the other way around. &#8216;What are we going to do today? Great. All in,'&#8221; Arora explained.
Son&#8217;s aggressive investment strategy has generated both spectacular wins and losses throughout his career. The SoftBank founder struck gold four times with major investments, including Yahoo! Japan, Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), and ARM Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>).
However, his risk appetite also led to dramatic volatility, with Son becoming the world&#8217;s richest man briefly before facing near-bankruptcy.
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46189133/nikita-bier-the-founder-of-gas-and-tbh-who-once-asked-elon-musk-to-hire-him-as-vp-of-product-at-twitter-has-joined-x-never-give-up">Nikita Bier, The Founder Of Gas And TBH, Who Once Asked Elon Musk To Hire Him As VP Of Product At Twitter, Has Joined X: &#8216;Never Give Up&#8217;</a>
Why It Matters: This high-stakes approach continues today as <a href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in">SoftBank positions itself for artificial intelligence dominance</a>. The company has committed $32 billion to OpenAI since 2024, with Son declaring &#8220;I&#8217;m all in on OpenAI&#8221; at the firm&#8217;s annual shareholder meeting in June. 
SoftBank reportedly <a href="https://www.benzinga.com/markets/tech/25/06/46023729/softbanks-masayoshi-son-proposes-1-trillion-robotics-and-ai-hub-in-arizona-with-tsmc">proposed a $1 trillion robotics and AI hub in Arizona</a> alongside Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
Son&#8217;s cultural background provides context for his contrarian philosophy. Arora noted how traditional risk management, particularly from mothers warning children against dangerous activities, shapes most people&#8217;s approach to life. Son deliberately rejected this framework, choosing instead to embrace maximum risk in pursuit of transformational opportunities.
The strategy has paid off handsomely despite setbacks. SoftBank&#8217;s Vision Funds have invested in over 400 companies, though <a href="https://www.benzinga.com/markets/equities/24/07/39743441/after-losing-150b-nvidia-opportunity-masayoshi-sons-softbank-acquires-uk-chipmaker-graphcore-in-">the firm notably sold</a> its Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stake in 2019, missing out on gains worth over $150 billion. Son&#8217;s current net worth stands at $38.8 billion according <a href="https://www.forbes.com/profile/masayoshi-son/">to</a> Forbes, making him Japan&#8217;s second-richest person.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: glen photo / Shutterstock.com

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SoftBank's Masayoshi Son Lived Life Like 'Benjamin Button' — Nikesh Arora Says He Took Every Risk His Mother Warned Him About And Struck Gold With Alibaba, ARM

This week told a familiar story with fresh twists—inflation isn't backing down, and global tensions are once <a target="_blank" href="https://www.benzinga.com/topic/macro-economic-events#more-news" rel="noreferrer noopener">again steering the market mood</a>.
The latest data showed that the Personal Consumption Expenditures, or PCE price index, rose 2.3% in May from a year earlier, slightly up from April&#8217;s 2.2%, snapping <a target="_blank" href="https://www.benzinga.com/markets/economic-data/25/06/46137796/inflation-is-heating-up-again-are-tariffs-to-blame" rel="noreferrer noopener">a two-month cooling trend</a>.
While the monthly increase stayed steady at 0.1%, concerns grew that rising tariffs on foreign goods could soon hit U.S. consumers harder.
The economic unease was only amplified on Friday, when President Donald Trump abruptly <a target="_blank" href="https://www.benzinga.com/news/politics/25/06/46150909/trump-canada-tariffs-dollar-deal" rel="noreferrer noopener">called off all trade talks with Canada</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/commodities/25/06/45930878/canada-risks-losing-billions-annually-without-critical-minerals-action" rel="noreferrer noopener">Canada Risks Losing $8.7B Annually Without Critical Minerals Action</a>
His move came in response to Canada&#8217;s newly introduced Digital Services Tax, which he slammed as a direct attack on American tech companies. Declaring retaliation was imminent, Trump promised to announce new tariffs on Canadian goods within a week—sending markets tumbling and investors rushing for cover.
Amid the macroeconomic jitters and geopolitical headlines, several companies delivered key corporate updates and earnings results that <a target="_blank" href="https://www.benzinga.com/markets" rel="noreferrer noopener">kept investors tuned in</a>.
Earnings Results
FactSet Research Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) reported quarterly sales of $585.52 million, surpassing&nbsp;analyst expectations&nbsp;of $580.50 million and representing a <a target="_blank" href="https://www.benzinga.com/markets/earnings/25/06/46053063/factset-reports-q3-revenue-beat-client-growth-leadership-shift-with-jpmorgan-hire" rel="noreferrer noopener">5.9% year-over-year gain.</a>
FactSet announced that&nbsp;Phil Snow will retire as CEO and a member of the Board, effective early September 2025.&nbsp;
Technology
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) &nbsp;leaped over Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to become the most valuable company in the world on Thursday, with a <a target="_blank" href="https://www.benzinga.com/etfs/sector-etfs/25/06/46151686/nvidia-just-became-the-worlds-most-valuable-stock-is-it-time-for-a-semiconductor-etf-rethink" rel="noreferrer noopener">market capitalization crossing $3.7 trillion. </a>But as the chipmaker solidifies its position as the foundation of the AI era, one segment of Wall Street is somewhat lagging behind —&nbsp;<a target="_blank" href="https://www.benzinga.com/etfs" rel="noreferrer noopener">semiconductor ETFs</a>.
Microsoft postponed the commercialization of its in-house next-gen&nbsp;artificial intelligence chip, Maia (code-named Braga), by at least six months from 2025 to 2026 due to unexpected changes to its <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46149318/microsofts-next-gen-ai-chip-still-lags-nvidias-blackwell-postpones-launch" rel="noreferrer noopener">design and staffing constraints.</a>
Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) has been dealt a legal blow in Japan as a court has ruled that the company infringed on patents held by&nbsp;Pantech, resulting in a ban on the sale of its&nbsp;Pixel 7&nbsp;series smartphones.
Alphabet Inc.&nbsp;has appointed&nbsp;Kobi Bar-Nathan&nbsp;as the new finance chief for its rapidly expanding&nbsp;Google Cloud division. He commenced his role in June 2025, bringing&nbsp;extensive experience&nbsp;from key finance leadership positions at <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134725/google-cloud-hires-former-oracle-cfo-as-ai-race-heats-up" rel="noreferrer noopener">Oracle Cloud and Microsoft Cloud.</a>
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&nbsp;is making a return to high-budget theatrical releases with the opening of its racing drama &#8220;F1&#8221;&nbsp;on Friday. The film&#8217;s reported $300 million budget highlights both the company&#8217;s determination to make a mark in Hollywood and the persistent financial <a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/06/46142591/apples-f1-movie-burns-300-million-still-waiting-on-a-profit" rel="noreferrer noopener">challenges it&nbsp;faces in this arena.&nbsp;</a>
Artificial Intelligence (AI)
Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) CEO&nbsp;Masayoshi Son&nbsp;said that he plans to position the company as the&nbsp;leading platform provider&nbsp;in the artificial super intelligence (ASI) sector within the next decade, aiming to rival major tech firms like&nbsp;Microsoft Corp., Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">Alphabet Inc.&#8217;s</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">Google</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">.</a>
Apple&#8217;s Siri&nbsp;is far behind&nbsp;OpenAI&#8217;s ChatGPT, according to a comparison conducted by&nbsp;Deepwater Asset Management, receiving an &#8220;F&#8221; while ChatGPT<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46156830/siri-gets-f-while-openais-chatgpt-scores-an-a-gene-munster-says-heres-what-apple-needs-to-fix-before-2026-launch-to-stay-relevant-in-ai" rel="noreferrer noopener"> has scored an &#8220;A.&#8221;</a>
Automobiles
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has revealed that it pumped nearly $10 billion into its U.S. operations&nbsp;during the last fiscal year and plans to allocate<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46046720/tesla-doubles-down-on-us-elon-musk-plans-another-8-billion-investment-after-spending-nearly-10-billion-in-2024" rel="noreferrer noopener"> an additional $8 billion this year.</a>
Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>):&nbsp;CEO&nbsp;Jim Farley&nbsp;voiced skepticism about&nbsp;Tesla&#8217;s autonomous driving strategy, underscoring the necessity of <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46156654/ford-ceo-jim-farley-believes-waymos-approach-makes-more-sense-than-elon-musk-led-teslas-when-you-have-a-brand-like-ford-you-have-to-be-really-careful" rel="noreferrer noopener">consumer trust and prudence</a>.
Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>)&nbsp;unveiled the company&#8217;s first all-electric SUV, the YU7, <a target="_blank" href="https://www.benzinga.com/markets/asia/25/06/46132552/telsla-model-y-rival-xiaomi-yu7-suv-receives-nearly-300000-orders-in-1-hour-in-china" rel="noreferrer noopener">as a rival to&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/asia/25/06/46132552/telsla-model-y-rival-xiaomi-yu7-suv-receives-nearly-300000-orders-in-1-hour-in-china" rel="noreferrer noopener">Tesla.</a>
General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) has issued a recall for over 62,468 vehicles in the U.S. over <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46111407/general-motors-recalls-over-62000-vehicles-for-brake-issue-that-could-potentially-result-in-a-fire-report" rel="noreferrer noopener">a brake pressure sensor issue.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/06/46125266/thank-you-elon-musks-longtime-aide-reportedly-fired-days-after-public-praise">&#8216;Thank You, Elon:&#8217; Musk&#8217;s Longtime Aide Reportedly Fired Days After Public Praise</a></li>
</ul>

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General

AMZN

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Consumer Tech News (June 23–June 27): Inflation Stirs, Trade Tensions Flare, And Big Tech Makes Big Moves

Time Magazine&#8217;s annual 100 Most Influential Companies list for 2025 includes many companies investors are familiar with, with numerous names originating from the growing <a href="https://www.benzinga.com/topic/artificial-intelligence">artificial intelligence sector.</a>
The <a href="https://time.com/7297630/time-reveals-the-2025-time100-most-influential-companies-in-the-world/">list</a> seeks to honor the top businesses that are helping "chart an essential path forward."
"No single data point or financial metric makes a TIME100 Company. Instead, we looked at a mosaic of qualities, studying impact, innovation, ambition, and success, each in the forms that take shape today. And as we say for all TIME100 projects: influence comes in many forms, for better and for worse," Time editors said of the list.
 The Public Companies: Similar to the list of the <a href="https://www.benzinga.com/general/entertainment/25/04/44854679/time-100-most-influential-people-includes-elon-musk-mark-zuckerberg-alex-karp-and-more-public-company-ceos">Most Influential People</a> that Time published earlier this year, the list of influential companies includes top tech, AI, crypto, and healthcare names that are experiencing impressive growth and bringing life-changing technology to consumers or other companies.
Here is the list of publicly traded companies or those that are part of a publicly traded company. It is broken down by the key groups used by Time: Innovators, Disruptors, Leaders, Titans and Pioneers.
Innovators
<ul class="wp-block-list">
<li>On Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>): footwear</li>
<li>Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>): Chinese e-commerce</li>
<li>Nintendo Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>): video games</li>
<li>BYD Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>)(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>): electric vehicles</li>
<li>Gap, unit of Gap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>): apparel</li>
<li>Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>): sports and outdoor retailer</li>
<li>EssilorLuxottica (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ESLOY#OTC">ESLOY</a>): sunglasses, optical wear</li>
</ul>
Disruptors
<ul class="wp-block-list">
<li>Waymo, unit of Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)</li>
<li>Life Time Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LTH#NYSE">LTH</a>): fitness centers</li>
<li>Elf Beauty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>): beauty products</li>
<li>Poppi, unit of PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): beverages</li>
<li>UFC, unit of TKO Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>): fighting sports league</li>
<li>Pop Mart (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PMRTY#OTC">PMRTY</a>): pop culture retailer</li>
<li>Coinbase Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>): cryptocurrency trading platform</li>
<li>SharkNinja Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>): home appliances</li>
</ul>
Leaders
<ul class="wp-block-list">
<li>Engie (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ENGIY#OTC">ENGIY</a>): energy company</li>
<li>Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>): industrial and logistics real estate</li>
<li>Cloudflare Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NET#NASDAQ">NET</a>): a software company</li>
<li>Gilead Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>): biotechnology, healthcare</li>
<li>Duolingo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>): mobile learning</li>
<li>BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>): financials</li>
<li>Hyundai Motor (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>): automotives</li>
<li>LinkedIn, unit of Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>): social networking</li>
<li>Coursera Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COUR#NYSE">COUR</a>): online learning</li>
</ul>
Titans
<ul class="wp-block-list">
<li>Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>): conglomerate</li>
<li>Comcast, NBC Universal, units of Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): media and entertainment</li>
<li>L'Oreal (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LRLCY#OTC">LRLCY</a>): beauty company</li>
<li>DoorDash Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>): food delivery</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): social networking</li>
<li>Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>): a software company</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): e-commerce</li>
<li>Arm Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>): semiconductors</li>
<li>Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>): consumer products</li>
<li>Fiserv Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): financial technology</li>
<li>MercadoLibre Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>): Latin American e-commerce</li>
<li>Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>): retailer</li>
<li>Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>): streaming</li>
<li>Taiwan Semiconductor Manufacturing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>): semiconductors</li>
<li>Universal Music Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNVGY#OTC">UNVGY</a>)(OTC:<a class="ticker" href="https://www.benzinga.com/stock/UMGNF#OTC">UMGNF</a>): music publishing</li>
</ul>
Pioneers
<ul class="wp-block-list">
<li>ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>): semiconductors</li>
<li>Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>): oil and gas</li>
<li>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>): medical devices</li>
<li>Softbank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>)(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>): telecom and e-commerce conglomerate</li>
<li>CRISPR Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSP#NASDAQ">CRSP</a>): gene editing</li>
</ul>
Read Also: <a href="https://www.benzinga.com/general/social-media/24/09/40760039/elon-musk-less-influential-to-artificial-intelligence-than-scarlett-johansson-time-magazine-">Elon Musk Less Influential To Artificial Intelligence Than Scarlett Johansson, Time Magazine Says: Billionaire Brushes Off Exclusion – &#8216;Magazines Do Not Establish Relevance, History Does&#8217;</a>
Why It's Important: Nearly half of this year's list includes companies that are publicly traded or part of publicly traded companies. This means investors can get exposure to what Time considers some of the most influential companies in the world.
Some of the companies are newer to the public market, which could mean that the 50+ companies that are not yet public could be among IPOs to watch for in the second half of 2025 and beyond.
Some of the most recognizable private companies on this year's list include OpenAI, Polymarket, Anthropic, Anduril, Beast Industries and SpaceX.
When seeking companies that can drive revenue growth and gain customer and consumer adoption, the most influential lists can be a valuable starting point for investors.
Read Next: 
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<li><a href="https://www.benzinga.com/general/entertainment/25/03/44367926/mark-cuban-kevin-oleary-rejected-poppi-on-shark-tank-pepsi-just-paid-1-9-billion-to-acquire-company">Mark Cuban, Kevin O&#8217;Leary Rejected Poppi On Shark Tank, Pepsi Just Paid $1.9 Billion To Acquire Company</a></li>
</ul>
Photo: Shutterstock

Long Ideas

Trading Ideas

ASML

BYDDF

BYDDY

CMCSA

COIN

COUR

CRSP

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DUOL

ENGIY

EQNR

ESLOY

GILD

HYMTF

LRLCY

MELI

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44 Public Companies Make Time's Most Influential List: Coinbase, UFC, Nintendo, Netflix And More Stocks Investors Can Buy

On Friday, SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) CEO Masayoshi Son said that he plans to position the company as the <a href="https://www.benzinga.com/media/25/03/44327422/softbank-to-build-676-million-ai-data-center-in-japan-linked-to-openai-partnership">leading platform provider</a> in the artificial super intelligence (ASI) sector within the next decade, aiming to rival major tech firms like Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google.
What Happened: Speaking at SoftBank&#8217;s annual shareholder meeting, Son spoke about his ambition to establish SoftBank as a dominant player in the ASI space, reported Reuters.&nbsp;
&#8220;We want to become the organizer of the industry in the artificial super intelligence era,&#8221; Son said.
He likened the opportunity in ASI to the positions held by Microsoft, Amazon and Google, where a &#8220;winner takes all&#8221; dynamic prevails.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/46132007/amazon-google-not-far-behind-but-dan-ives-says-microsoft-clearly-leading-in-these-segments-600-price-target-is-probably-conservative" target="_blank" rel="noreferrer noopener">Amazon, Google Not Far Behind, But Dan Ives Says Microsoft ‘Clearly Leading' In These Segments — $600 Price Target Is ‘Probably' Conservative</a>
In line with this vision, the Japanese investment holding firm has made aggressive investments, including acquiring U.S. semiconductor designer Ampere for $6.5 billion and <a href="https://www.benzinga.com/media/25/04/44589685/softbank-weighs-165-billion-loan-that-could-back-openais-40-billion-raise-report">underwriting up to $40 billion</a> in new investments for ChatGPT-parent OpenAI, the report added.
SoftBank's total investment in OpenAI has reached $32 billion since 2024. &#8220;I&#8217;m all in on OpenAI,&#8221; Son said while acknowledging that he regretted not investing in the AI company earlier.
Why It&#8217;s Important: SoftBank has returned to investing, having already scored big with early bets like Alibaba Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) but also failures like WeWork, the report added.
The company sold its 5% stake in Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) in 2019, missing out on the AI boom that later made the Jensen Huang-led company a global <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46117402/jensen-huang-closes-in-on-top-10-richest-list-with-nvidia-stock-at-new-highs-heres-how-much-he-needs">leader in AI chips</a>.
SoftBank announced its <a href="https://www.benzinga.com/news/earnings/25/05/45389466/softbank-books-3-6-billion-profit-on-arm-bytedance-gains-while-ai-bets-face-trade-policy-hurdles">fourth-quarter earnings</a> last month. The company posted net sales of 1.94 trillion yen ($12.69 billion) for the quarter, an increase from 1.75 trillion yen in the same period last year. Sales from the SoftBank segment rose 10.2%, reaching 1.73 trillion yen ($11.33 billion).
Read Next:&nbsp;
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: glen photo / Shutterstock.com

SoftBank's Masayoshi Son Sets Sights On Artificial Super Intelligence Domination With Bets On OpenAI And Ampere: 'I'm All In'

Indian multinational IT consulting company&nbsp;HCLTech and&nbsp;Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/n46069798/hcltech-and-amd-forge-strategic-alliance-to-develop-future-ready-solutions-across-ai-digital-and-c" rel="noreferrer noopener">announced a partnership</a> on Tuesday to accelerate worldwide enterprise digital transformation through advanced AI, digital, and cloud solutions.
By co-investing in innovation labs and training programs, HCLTech and AMD aim to provide enterprises with innovative tools that unlock new business opportunities and enhance operational efficiency.
The joint development centers established through this alliance will serve as testbeds for advanced technologies, conducting proof-of-concept tests to hasten the time-to-market for innovative enterprise tools.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/04/44720974/amd-powers-google-clouds-new-ai-servers-promising-80-boost-in-speed" rel="noreferrer noopener">AMD Powers Google Cloud&#8217;s New AI Servers Promising 80% Boost In Speed</a>
Workforce training and reskilling initiatives will ensure enterprises are well-equipped to navigate the evolving digital landscape.
Dr.&nbsp;Lisa Su, Chair and CEO of AMD, said combining HCLTech&#8217;s expertise in digital transformation with EPYC, Instinct, and Ryzen PRO processors will help provide enterprises with customized, future-ready solutions that maximize the potential of AI, cloud computing, and advanced analytics.
<h2 class="wp-block-heading">Recent Developments</h2>
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rival AMD has faced challenges in the market, losing over 19% in the last 12 months as it grappled with intense competition from other semiconductor manufacturers, broader macro-economic uncertainties impacting technology spending, and the complexities of semiconductor policies enacted by the U.S. government, particularly regarding exports to certain regions.
Despite these challenges, AMD has continued to innovate. At Computex 2025,&nbsp;AMD showcased <a target="_blank" href="https://www.benzinga.com/tech/25/05/45542185/amd-unveils-powerful-new-ai-gaming-chips-at-computex-to-challenge-nvidia" rel="noreferrer noopener">its latest breakthroughs</a> in&nbsp;high-performance computing&nbsp;with the launch of Radeon RX 9060 XT and Radeon AI PRO R9700 graphics cards and Ryzen Threadripper 9000 Series processors.
Further highlighting AMD&#8217;s ambitions in AI infrastructure, AMD CTO Mark Papermaster <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46034864/this-could-be-amds-biggest-ai-win-mi400-chips-may-power-stargate" rel="noreferrer noopener">had hinted that</a> AMD MI400 chips could be part of the $500 billion Stargate Project.
The Stargate Project is a massive initiative, spearheaded by OpenAI in partnership with companies like SoftBank (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) and Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), to build a network of state-of-the-art AI data centers in the United States, signifying a colossal investment in AI infrastructure.
Bank of America Securities (BofA) analyst&nbsp;Vivek Arya highlighted &#8220;multiple growth cylinders&#8221; for AMD, indicating diverse areas of potential growth, and noted continued market share gains in PC/server CPU against its long-standing competitor Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Price Action: AMD stock is trading higher by 2.33% to $132.60 premarket at last check Tuesday.
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HCLTech, AMD Partner To Power Next-Gen Enterprise AI And Cloud Adoption

The Federal Reserve kept its benchmark interest rate unchanged at 4.25%–4.50% for the sixth straight meeting, with Chair Jerome Powell signaling no near-term cuts despite <a target="_blank" href="https://www.benzinga.com/personal-finance/management/25/06/46011739/jerome-powell-led-fed-has-left-interest-rate-unchanged-what-does-it-mean-for-savings-mortgages-credit-cards-and-your-bank-account" rel="noreferrer noopener">mounting pressure from the White House.</a>
Meanwhile, global uncertainty ticked higher as White House Press Secretary Karoline Leavitt revealed the U.S. remains open to negotiations with Iran, even as President Donald Trump weighs potential military action—<a target="_blank" href="https://www.benzinga.com/news/25/06/46017426/trump-gives-iran-2-weeks-to-strike-a-deal-or-face-us-military-action" rel="noreferrer noopener">promising a decision "within the next two weeks."</a>
Amid these macro headlines, the consumer tech sector pressed on with notable developments.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/04/44873349/openai-and-softbanks-stargate-considers-major-uk-investment-to-fuel-ai-growth" rel="noreferrer noopener">OpenAI And SoftBank's Stargate Considers Major UK Investment To Fuel AI Growth</a>
Earnings Results
Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) reported quarterly earnings of $3.49 per share, topping&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/earnings/25/06/46024923/accenture-new-bookings-fall-in-q3-but-it-raises-profit-outlook" rel="noreferrer noopener">the&nbsp;analyst consensus estimate of $3.31</a>.
Accenture announced a&nbsp;strategic overhaul of its growth model, effective September 1, 2025, with a sharpened focus on AI.
Technology
Nvidia&nbsp;Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;venture capital arm,&nbsp;NVentures, has joined a $650 million funding round for&nbsp;TerraPower, a nuclear energy company founded by&nbsp;Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)&nbsp;co-founder&nbsp;Bill Gates.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly looking to harness the power of generative artificial intelligence to accelerate the development of the&nbsp;custom chips that power&nbsp;its devices, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010207/apple-hardware-executive-says-iphone-maker-plans-to-use-ai-for-speeding-up-custom-chip-design-high-potential-in-getting-more-design-work-in-less-time" rel="noreferrer noopener">according to senior executive&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010207/apple-hardware-executive-says-iphone-maker-plans-to-use-ai-for-speeding-up-custom-chip-design-high-potential-in-getting-more-design-work-in-less-time" rel="noreferrer noopener">Johny Srouji</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010207/apple-hardware-executive-says-iphone-maker-plans-to-use-ai-for-speeding-up-custom-chip-design-high-potential-in-getting-more-design-work-in-less-time" rel="noreferrer noopener">.</a>
Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) announced a&nbsp;$60 billion plan&nbsp;to expand U.S.-based semiconductor manufacturing, marking what the company says is the largest investment in <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45998624/texas-instruments-announces-60-billion-us-semiconductor-manufacturing-boost" rel="noreferrer noopener">foundational chip production in the nation's history.</a>
Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)&nbsp;cloud unit is set to launch its second data center in South Korea to capitalize <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46032308/alibaba-expands-ai-cloud-footprint-in-south-korea-with-new-data-hub-launching-in-june" rel="noreferrer noopener">on the generative AI frenzy.</a>
Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)&nbsp;is reportedly in discussions to hire&nbsp;Nat Friedman, former CEO of&nbsp;GitHub, to support <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010604/mark-zuckerbergs-meta-reportedly-looking-to-hire-former-github-ceo-nat-friedman-and-investor-daniel-gross-as-part-of-aggressive-ai-expansion-strategy" rel="noreferrer noopener">its artificial intelligence efforts</a>.
The&nbsp;Trump Organization&nbsp;is&nbsp;entering the wireless industry&nbsp;with plans to launch a smartphone called the &#8220;T-1 Phone,&#8221; priced at $499 and promoted as being manufactured in the U.S.—a promise experts say may <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45990957/trump-mobile-plans-to-launch-499-t-1-phone-made-in-the-usa-but-expert-says-you-dont-have-the-employees-that-can-do-it" rel="noreferrer noopener">not hold up under scrutiny.</a>
Artificial Intelligence (AI)
Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>)&nbsp;founder&nbsp;Masayoshi Son is spearheading an alliance with&nbsp;Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), proposing a $1 trillion industrial complex in Arizona.
OpenAI chief executive&nbsp;Sam Altman says he &#8220;didn&#8217;t think Elon was going to abuse his power in the government to unfairly compete&#8221; but now believes he was wrong after Tesla&#8217;s founder allegedly tried to derail OpenAI&#8217;s $500 billion <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46023822/sam-altman-says-he-didnt-think-elon-musk-would-abuse-government-power-tesla-ceo-hits-back-with-scam-altman-jibe" rel="noreferrer noopener">&#8220;Stargate&#8221; data-center deal.</a>
Automobiles
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;is reportedly working on a 6-seater <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46020870/elon-musks-tesla-to-expand-model-y-lineup-with-new-6-seater-version-report" rel="noreferrer noopener">variant of the Model Y crossover SUV.</a>
Tesla will shut down production at the Texas Gigafactory, which manufactures the Cybertruck and the Model Y, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45989148/tesla-will-shut-down-production-at-the-texas-gigafactory-over-the-4th-of-july-weekend" rel="noreferrer noopener">over the Independence Day weekend.</a>
Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) has recalled more than 197,000 vehicles in the latest recall over an issue affecting the backseat occupants, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46012477/ford-recalls-over-197000-vehicles-for-backseat-issue-that-could-trap-occupants-in-emergency-situations" rel="noreferrer noopener">where they may remain locked inside the vehicle.</a>
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GRRR

Consumer Tech News (June 16-June 20): Fed Holds Rates, Trump Eyes Iran Moves, Apple Taps AI, Accenture Shifts Strategy

SoftBank Group Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) founder Masayoshi Son is spearheading an alliance with Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), proposing a $1 trillion industrial complex in Arizona.
 Son intends to double down on the robotics and artificial intelligence infrastructure with this project.
What Happened: The proposed mega project aims to position the US as a global hub of robotics and hardware manufacturing, according to <a href="https://www.reuters.com/business/media-telecom/softbanks-son-pitches-1-trillion-us-ai-hub-tsmc-trump-team-bloomberg-news-2025-06-20/">a</a> Bloomberg report.
This project is separate from the Stargate project, a joint venture led by OpenAI, SoftBank, and Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>).
The company&#8217;s latest Arizona plan would go beyond data centers and focus on AI-enabled manufacturing and robotics, expanding its footprint from digital infrastructure to physical AI deployment.
Also Read: <a href="https://www.benzinga.com/media/25/04/44873349/openai-and-softbanks-stargate-considers-major-uk-investment-to-fuel-ai-growth">OpenAI And SoftBank&#8217;s Stargate Considers Major UK Investment To Fuel AI Growth</a>
Why It Matters: Softbank is determined to have the Taiwanese company on board for the project, as per Bloomberg's report.
SoftBank seeks to leverage the Trump administration's interest in developing domestic high-tech manufacturing with federal and state tax incentives to encourage investment in the proposed Arizona industrial complex.
With the tussle between the U.S.–China tech intensifying and the semiconductor supply chain being erratic in the current tariff war, Son's $1 trillion bet could be a game-changer for the US. But convincing the investors and policymakers and the lack of interest indicated by the TSMC, could be a hindrance.   
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Photo: Michael Vi/Shutterstock

SoftBank's Masayoshi Son Proposes $1 Trillion Robotics And AI Hub In Arizona With TSMC

OpenAI has secured a $200 million defense contract to develop artificial intelligence capabilities for national security applications, according to contracts released by the Department of Defense on Monday.
What Happened: The Chief Digital and Artificial Intelligence Office awarded the fixed-amount prototype agreement for &#8220;frontier AI capabilities to address critical national security challenges in both warfighting and enterprise domains,&#8221; the Pentagon stated. Work will be performed primarily in the National Capital Region through July 2026.
The contract represents OpenAI&#8217;s largest known government deal as the company simultaneously pursues a $40 billion funding round led by SoftBank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>). Reuters reported that Saudi Arabia&#8217;s Public Investment Fund and India&#8217;s Reliance Industries could each contribute <a href="https://www.benzinga.com/markets/tech/25/06/45898547/openai-looks-to-raise-40-billion-from-global-investors-including-saudi-arabias-pif-indias-reliance-industries-to-accelerate-ai-models-and-stargate-report">several hundred million dollars to the financing</a>.
OpenAI&#8217;s revenue growth has accelerated dramatically, reaching a $10 billion annualized run rate in June, nearly doubling from $5.5 billion at 2024&#8217;s end, <a href="https://www.benzinga.com/markets/tech/25/06/45852700/openai-surges-past-10-billion-in-annualized-revenue-amid-record-chatgpt-use-leaves-rivals-like-amazon-backed-anthropic-behind">according to company statements</a>. The figure excludes Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) licensing revenue and one-time deals.
See Also: <a href="https://www.benzinga.com/markets/treasuries/25/06/45960637/treasury-yields-near-5-after-soft-foreign-demand-a-red-flag-for-stocks">Treasury Yields Near 5% After Soft Foreign Demand: A Red Flag For Stocks?</a>
Why It Matters: ChatGPT usage has surged to 500 million weekly active users as of March, driving the revenue expansion. The company targets $12.7 billion in 2025 revenue after <a href="https://www.benzinga.com/markets/tech/25/06/45852700/openai-surges-past-10-billion-in-annualized-revenue-amid-record-chatgpt-use-leaves-rivals-like-amazon-backed-anthropic-behind">posting a $5 billion loss in 2024</a>.
The defense contract coincides with OpenAI&#8217;s <a href="https://www.benzinga.com/news/legal/25/05/45665394/openais-300-billion-public-benefit-shift-faces-scrutiny-as-delaware-ag-moves-to-hire-investment-bank-for-independent-valuation-report">complex $300 billion corporate restructuring</a> into a public-benefit corporation. Delaware&#8217;s attorney general is independently valuing the nonprofit parent&#8217;s equity stake, while Microsoft disputes its ownership percentage in the new structure.
OpenAI faces a year-end deadline to <a href="https://www.benzinga.com/news/legal/25/05/45665394/openais-300-billion-public-benefit-shift-faces-scrutiny-as-delaware-ag-moves-to-hire-investment-bank-for-independent-valuation-report">complete the restructuring or risk losing</a> up to $20 billion from SoftBank. The funding supports AI model development and <a href="https://www.benzinga.com/25/03/44188361/nvidia-powers-openai-and-oracles-100-billion-stargate-first-ai-data-center-set-to-launch-in-texas">the $100 billion Stargate infrastructure project</a><a href="https://www.benzinga.com/25/03/44188361/nvidia-powers-openai-and-oracles-100-billion-stargate-first-ai-data-center-set-to-launch-in-texas" target="_blank" rel="noopener">,</a> featuring Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) and Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GB200 chips, at facilities in Texas.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Svet foto / Shutterstock.com

OpenAI Wins $200 Million US Defense Contract For AI Warfare Capabilities As The Company Looks To Raise $40 Billion

Japan&#8217;s SoftBank Group Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) is reportedly looking to raise $4.9 billion via a sizable overnight stake sale.
What Happened: On Tuesday, it was revealed that the Japanese investment holding company would be raising these funds via an unregistered overnight block sale of its stake in T Mobile US Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), according to a <a href="https://www.bloomberg.com/news/articles/2025-06-16/softbank-seeks-to-raise-4-9-billion-in-t-mobile-share-sale-mbzn3ujs">report</a> by Bloomberg News, which saw the terms of the deal.
SoftBank is offering 21.5 million shares in the telecom giant at a price range of $224 to $228 per share, representing a 3% discount to T-Mobile&#8217;s closing price on Monday, at $230.99.
The deal, when completed, is set to be the largest U.S. equity block sale since Toronto-Dominion Bank's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) $13.1 billion <a href="https://www.benzinga.com/ma/25/01/42921113/deal-dispatch-td-bank-charles-schwab-eyenovia-smart-share-hit-auction-block">divestiture of its stake</a> in Charles Schwab Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) in February. It also adds to the growing wave of equity offerings by new and existing shares, reaching $91.4 billion so far in 2025, up from $75.9 billion last year.
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As of March 31, 2025, SoftBank held 85.4 million T-Mobile shares, equivalent to a 7.52% stake, which was originally acquired as part of Sprint Corp.&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/19/12/14912449/what-the-sprint-t-mobile-merger-trial-means-for-investors">$26.5 billion merger</a> with T-Mobile in 2020. SoftBank had acquired a majority stake in T-Mobile back in 2013.
Following the proposed transaction, SoftBank&#8217;s stake will shrink by 1.9 percentage points, leaving it with a roughly 5.6% stake in the company. 
The transaction is being managed by Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), and neither SoftBank nor T-Mobile has immediately responded to Benzinga&#8217;s request for a comment.
Why It Matters: This move might prompt T-Mobile&#8217;s majority stakeholder, Deutsche Telekom AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DTEGY#OTC">DTEGY</a>), to vie for greater control of the company, something that it&#8217;s been pursuing for the <a href="https://www.benzinga.com/m-a/21/05/21199432/deutsche-telekom-eyeing-majority-stake-in-t-mobile-by-acquiring-softbanks-share-bloomberg">past several years</a>. 
SoftBank continues to pursue investment opportunities in the U.S., having led a <a href="https://www.benzinga.com/media/25/01/43374528/softbank-may-lead-openais-40-billion-funding-round-at-a-300-billion-valuation-despite-deepseek-disruption-report">$40 billion investment round</a> in OpenAI early this year.
The company&#8217;s CEO, Masayoshi Son, had earlier committed to <a href="https://www.benzinga.com/news/24/12/42505666/softbanks-masayoshi-son-to-reportedly-announce-100b-us-investment-during-meeting-with-trump">investing $100 billion</a> in the United States during a meeting with the then President-Elect Donald Trump at Mar-a-Lago late last year.
Price Action: T-Mobile shares were up 1.31% on Monday, ending the day at $230.99, but are down 3.89% after hours following news of the stake sale.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="143" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-1024x143.png" alt="" class="wp-image-951496" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-1024x143.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-300x42.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM-768x108.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16220626/Screenshot-2025-06-17-at-7.36.11-AM.png 1528w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The company&#8217;s shares show strong Momentum, and rank well on Quality according to Benzinga&#8217;s Edge Stock Rankings, but only have a favorable price trend in the long term. See <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights into the stock, the company, its peers, and competitors.
Photo Courtesy: Koshiro K on Shutterstock.com
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DTEGY

SCHW

TMUS

SoftBank Moves To Raise $4.9 Billion With Overnight T-Mobile Block Sale— Stock Drops 4% After Hours As Investors Digest Discount

<a href="https://www.bloomberg.com/news/articles/2025-06-16/softbank-seeks-to-raise-4-9-billion-in-t-mobile-share-sale-mbzn3ujs" title="https://www.bloomberg.com/news/articles/2025-06-16/softbank-seeks-to-raise-4-9-billion-in-t-mobile-share-sale-mbzn3ujs">https://www.bloomberg.com/news/articles/2025-06-16/softbank-seeks-to-raise-4-9-billion-in-t-mobile-share-sale-mbzn3ujs</a>

Asset Sales

'SoftBank Seeks to Raise $4.9 Billion in T-Mobile Share Sale' - Bloomberg News

OpenAI is reportedly seeking to <a href="https://www.benzinga.com/25/04/44580172/openai-finalizes-historic-40-billion-funding-round-valuing-company-at-300-billion-with-backing-from-softbank-and-microsoft">raise $40 billion in funding</a>, with major investments from Saudi Arabia's Public Investment Fund (PIF), India's Reliance Industries and the existing shareholder UAE's MGX.
What Happened: Each investor could contribute at least several hundred million dollars, reported Reuters, <a href="https://www.theinformation.com/articles/openai-discussed-raising-money-saudi-arabia-indian-investors">via</a> The Information.
The Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) backed startup is seeking additional funding to support its model development and its ambitious infrastructure project, Stargate, with the financing round being led by SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>).
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage&#8217; As China&#8217;s Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a>
OpenAI is also in talks with other major investors, including Coatue and Founders Fund, aiming to raise at least $100 million from each of these firms. The company is reportedly planning an additional $17 billion in funding for 2027, the report added.
Why It&#8217;s Important: Earlier this week, it was reported that <a href="https://www.benzinga.com/markets/tech/25/06/45852700/openai-surges-past-10-billion-in-annualized-revenue-amid-record-chatgpt-use-leaves-rivals-like-amazon-backed-anthropic-behind">OpenAI&#8217;s annualized revenue</a> run rate has nearly doubled to $10 billion, up from $5.5 billion at the end of 2024, excluding Microsoft licensing and one-time deals.
The growth is driven by strong adoption of ChatGPT, which had 500 million weekly active users as of March.
Benzinga's Edge Stock Rankings suggest a positive outlook for Microsoft over the short, medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional detailed metrics are available here</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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OpenAI Looks To Raise $40 Billion From Global Investors Including Saudi Arabia's PIF, India's Reliance Industries To Accelerate AI Models And Stargate: Report

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) on Tuesday announced that the <a href="https://www.benzinga.com/pressreleases/25/06/g45854535/nvidia-powers-europes-fastest-supercomputer">JUPITER supercomputer</a>, powered by the Nvidia Grace Hopper platform, is the fastest in Europe.
It delivers more than twice the speedup for high-performance computing and AI workloads compared with the next-fastest system.
Soon capable of running 1 quintillion FP64 operations per second, JUPITER is on track to be Europe&#8217;s first exascale supercomputer.
Also Read: <a href="https://www.benzinga.com/24/12/42317004/amazon-launches-ai-war-againt-nvidia-by-building-ai-supercomputers-and-servers-at-cheaper-costs" target="_blank" rel="noreferrer noopener">Amazon Takes On Nvidia With Cheaper AI Supercomputers, Servers</a>
The system enables faster simulation, training, and inference of the largest AI models, including climate modeling, quantum research, structural biology, computational engineering, and astrophysics.
Comprising nearly 24,000&nbsp;Nvidia GH200 Grace Hopper Superchips&nbsp;and interconnected with the&nbsp;Nvidia Quantum-2 InfiniBand&nbsp;networking platform, JUPITER will likely reach over 90 exaflops of AI performance and is based on Eviden&#8217;s BullSequana XH3000 liquid-cooled architecture.
JUPITER also incorporates Nvidia&#8217;s full stack of software for optimized performance.
Jensen Huang, founder and CEO of Nvidia, said, &#8220;In partnership with Jülich and Eviden, we&#8217;re building Europe&#8217;s most advanced AI supercomputer to enable the leading researchers, industries and institutions to expand human knowledge, accelerate breakthroughs and drive national advancement.&#8221;
JUPITER is owned by the EuroHPC Joint Undertaking and hosted by the Jülich Supercomputing Centre at the Forschungszentrum Jülich facility in Germany.
Supercomputers gained traction for&nbsp;their ability to tackle complex, computationally intensive tasks beyond conventional computers. They hold huge potential as tools for scientific research, artificial intelligence, and various industries.
In January 2025, President Donald Trump <a href="https://www.benzinga.com/tech/25/05/45689336/dell-nvidia-to-build-next-gen-supercomputer-for-us-energy-department" target="_blank" rel="noreferrer noopener">announced the $500 billion</a> OpenAI, SoftBank (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), and Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) initiative when OpenAI said Stargate will expand to up to ten sites. Oracle controls the supercomputer being built in the Abilene data center.
Amongst recent significant supercomputer initiatives, Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) and Nvidia to power DOE&#8217;s next-gen Doudna supercomputer for AI, physics, and molecular research at Berkeley Lab by 2026.
In January, Nvidia launched Digits, a desktop-sized&nbsp;personal AI supercomputer&nbsp;likely to be available in May 2025.
In May, Nvidia showcased Isaac GR00T N1.5 and Blackwell systems to power <a target="_blank" href="https://www.benzinga.com/tech/25/05/45495742/nvidia-unveils-ai-tools-for-humanoid-robots-launches-next-tech-era" rel="noreferrer noopener">next-gen humanoid robots</a> and physical AI.
Price Action:&nbsp;Nvidia stock is trading higher by 0.35% to $143.14 premarket at last check Tuesday.
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Nvidia's Grace Hopper Platform Powers Europe's Fastest AI Supercomputer

Wayve and Uber Technologies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) on Tuesday announced a first-ever <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/b45854254/wayve-and-uber-partner-to-launch-l4-autonomy-trials-in-the-uk" rel="noreferrer noopener">plan to develop</a> and launch public-road trials of Level 4 (L4) fully autonomous vehicles in London.
This was enabled by the U.K. Secretary of State for Transport&#8217;s <a target="_blank" href="https://www.gov.uk/government/news/driving-innovation-38000-jobs-on-the-horizon-as-pilots-of-self-driving-vehicles-fast-tracked" rel="noreferrer noopener">announcement of an accelerated framework</a> for self-driving commercial pilots.
In 2024, Wayve and Uber announced a multi-year collaboration to integrate Wayve&#8217;s Embodied AI into vehicles operating on the Uber platform.
This next phase moves the partnership into live operational trials on U.K. roads, building toward scaled deployment in key European markets.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/06/45843054/uber-wins-analyst-praise-for-robotaxi-boom-lyft-faces-tougher-road-ahead" rel="noreferrer noopener">Uber Wins Analyst Praise For Robotaxi Boom, Lyft Faces Tougher Road Ahead</a>
The announcement marks the U.K. as the largest market in which Uber shares plans to pilot autonomous vehicles.
The trials will combine Wayve&#8217;s Embodied AI platform with Uber&#8217;s global mobility network to bring autonomous vehicles to the streets of Europe at scale.
Wayve and Uber will collaborate with the U.K. Government and Transport for London on the regulatory approval process before the launch.
Heidi Alexander, Secretary of State for Transport, said that by fast-tracking pilots of self-driving vehicles to spring 2026, it noted safety-first tests that will drive growth, create 38,000 jobs, and add 42 billion pounds to its economy.
In April, Nissan Motor announced partnering with Wayve to power the next generation of its ProPilot driver-assist system, set to debut in vehicles by the 2027 fiscal year.&nbsp;
Wayve, <a target="_blank" href="https://www.benzinga.com/news/25/04/44863402/nissan-taps-1-3b-backed-ai-pioneer-wayve-to-supercharge-propilot-system-ushering-a-new-era-of-human-like-driving" rel="noreferrer noopener">backed by a $1.3 billion</a> funding&nbsp;led by SoftBank (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), has emerged as a key player in the autonomous vehicle space. Other major investors include Nvidia&nbsp;Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp (MSFT), and Uber.
Price Action: UBER stock is trading higher by 0.59% to $87.63 premarket at last check Tuesday.
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UBER

Uber, SoftBank-Backed Wayve To Test Self-Driving Cars On Public Roads In UK

OpenAI's explosive <a href="https://www.benzinga.com/news/24/10/41593078/openai-reveals-75-of-its-revenue-comes-from-one-service">growth continues</a>, nearly doubling since December 2024, driven by surging global demand for ChatGPT.
What Happened: On Monday, OpenAI confirmed that its <a href="https://www.benzinga.com/news/23/09/34796702/openais-meteoric-rise-1-billion-in-annual-revenue-on-the-horizon">annualized revenue</a> run rate reached $10 billion, up from $5.5 billion at the end of 2024, reported Reuters, citing a spokesperson.
The figure excludes licensing revenue from Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and any large one-time deals, focusing solely on recurring and direct income streams.
The company's flagship product, ChatGPT, has seen widespread adoption across both consumer and enterprise users, with 500 million weekly active users reported as of March, the report said.
See Also:&nbsp;<a href="https://www.benzinga.com/tech/25/04/45090992/mark-zuckerberg-warns-of-serious-disadvantage-as-chinas-data-center-blitz-could-let-deepseek-leapfrog-us-ai-labs" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Warns Of ‘Serious Disadvantage' As China's Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs</a>
OpenAI has monetized the platform through multiple offerings, including ChatGPT Plus subscriptions and enterprise-level tools for businesses.
The update indicates OpenAI is on pace to reach its internal revenue goal of $12.7 billion for 2025. That would mark a dramatic financial turnaround for the company, which lost $5 billion in 2024, the report added.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: In March, OpenAI said it plans to <a href="https://www.benzinga.com/25/04/44580172/openai-finalizes-historic-40-billion-funding-round-valuing-company-at-300-billion-with-backing-from-softbank-and-microsoft">raise up to $40 billion</a> in a new funding round led by SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), potentially valuing the company at $300 billion.
Earlier, it was reported that Anthropic, an AI startup backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Google, a subsidiary of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), surpassed <a href="https://www.benzinga.com/cannabis/25/06/45714044/amazon-and-google-backed-ai-startup-anthropic-reportedly-hits-3-billion-in-annualized-revenue-wheres-chatgpt-parent-openai-at">$3 billion in annualized revenue</a> after <a href="https://www.benzinga.com/25/01/43127416/anthropic-gains-big-with-google-backing-aiming-for-60-billion-valuation-and-surging-ai-revenue">hitting $1 billion</a> in December 2024.
Anthropic currently holds a valuation of $61.5 billion after <a href="https://www.benzinga.com/tech/25/03/44099466/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs">securing $3.5 billion</a> in funding.
Benzinga&#8217;s Edge Stock Rankings indicate that Microsoft has a favorable outlook across the short, medium and long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">More in-depth metrics can be found here</a>.
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Photo Courtesy: Primakov On Shutterstock.com
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

OpenAI Surges Past $10 Billion In Annualized Revenue Amid Record ChatGPT Use, Leaves Rivals Like Amazon-Backed Anthropic Behind

SoftBank Group Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) and Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) are developing next-generation artificial intelligence memory chips designed to consume half the power of current technology, addressing critical energy challenges in Japan&#8217;s growing data center market.
What Happened: The companies established Saimemory, a joint venture targeting commercialization within the 2020s through a 10 billion yen ($70 million) project, <a href="https://asia.nikkei.com/Business/Tech/Semiconductors/SoftBank-Intel-work-on-AI-memory-chips-that-use-half-as-much-power">reported</a> Nikkei. The initiative focuses on stacked DRAM chips with innovative wiring structures that significantly reduce power consumption compared to existing high-bandwidth memory (HBM).
SoftBank leads the investment with 3 billion yen, while Japan&#8217;s Riken research institute and Shinko Electric Industries are considering participation. The venture leverages Intel&#8217;s technology and patents from the University of Tokyo and other Japanese academic institutions, the report noted.
The project addresses supply chain vulnerabilities as South Korea&#8217;s SK Hynix and Samsung Electronics dominate HBM production. Current HBM technology suffers from low production yields, high costs, and intense energy requirements, creating access challenges for Japanese companies.
&#8220;We want priority for the supply,&#8221; a SoftBank executive said, according to the report, highlighting the strategic importance for the company&#8217;s AI data center plans.
See Also: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45716400/pharma-bro-martin-shkreli-sees-10-trillion-potential-in-palantir-but-cautions-one-bad-quarter-and-its-down-50">&#8216;Pharma Bro&#8217; Martin Shkreli Sees $10 Trillion Potential In Palantir, But Cautions: &#8216;One Bad Quarter And It&#8217;s Down 50%&#8217;</a>
Why It Matters: This development represents Japan&#8217;s attempt to regain semiconductor prominence after losing over 70% DRAM market share in the 1980s to South Korean and Taiwanese competitors. Elpida Memory, Japan&#8217;s last DRAM manufacturer, was acquired by Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) in 2013 following bankruptcy.
SoftBank plans to deploy the <a href="https://www.benzinga.com/media/25/03/44327422/softbank-to-build-676-million-ai-data-center-in-japan-linked-to-openai-partnership">new memory technology in AI training data centers</a>, where processing large datasets requires substantial computing power. The company recently acquired Sharp&#8217;s LCD factory for $676 million to build a 150-megawatt AI data center in Osaka, supporting its OpenAI partnership and broader AI infrastructure strategy.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: JHVEPhoto / Shutterstock.com

SoftBank And Intel Set To Launch $70 Million AI Memory Project In Japan To Slash Power Use

During a visit to Lawrence Berkeley National Laboratory (Berkeley Lab), U.S. Secretary of Energy Chris Wright on Thursday announced&nbsp;a <a href="https://www.benzinga.com/tech" rel="noreferrer noopener" target="_blank">new deal with</a> Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) to develop NERSC-10, the next flagship supercomputer at the National Energy Research Scientific Computing Center (NERSC), a U.S. Department of Energy (DOE) user facility at Berkeley Lab.
The new supercomputer, a Dell Technologies system powered by Nvidia Corp.&#39;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) next-generation Vera Rubin platform, will be engineered to&nbsp;support large-scale high-performance computing (HPC) workloads like those in molecular&nbsp;dynamics, high-energy physics, and <a href="https://www.energy.gov/articles/doe-announces-new-supercomputer-powered-dell-and-nvidia-speed-scientific-discovery" rel="noreferrer noopener" target="_blank">AI training and inference</a>.&nbsp;
Due in 2026, the new system will be named after Jennifer Doudna, the Berkeley Lab-based biochemist who won the 2020 Nobel Prize for Chemistry in recognition of her work on the gene-editing technology CRISPR.
Also Read: <a href="https://www.benzinga.com/25/05/45295634/cadence-teams-with-nvidia-on-supercomputer-aimed-at-faster-ai-and-engineering-simulations" rel="noreferrer noopener" target="_blank">Cadence Teams With Nvidia On Supercomputer Aimed At Faster AI And Engineering Simulations</a>
NERSC Director Sudip Dosanjh said Doudna will be connected to DOE experimental and observational facilities through the Energy Sciences Network (ESnet), allowing scientists to stream data seamlessly into the system from all parts of the country and analyze it in near real time.
Supercomputers gained prominence for&nbsp;their ability to tackle complex, computationally intensive tasks beyond conventional computers. They hold huge potential as tools for scientific research, artificial intelligence, and various industries.
In January 2025, President Donald Trump announced&nbsp;<a href="https://www.benzinga.com/25/01/43139410/softbanks-role-in-500-billion-stargate-ai-venture-seen-as-major-growth-driver-analyst-says" rel="noreferrer noopener" target="_blank">the $500 billion</a> OpenAI,&nbsp;SoftBank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), and Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) initiative when OpenAI said Stargate will expand to as many as ten sites. Oracle controls the supercomputer being built in the Abilene data center.
In January, Nvidia launched Digits, a desktop-sized&nbsp;personal AI supercomputer&nbsp;likely to be available in May 2025.
Price Actions: Nvidia stock is trading lower by 0.96% to $137.86 premarket at last check Friday. DELL is up 1.90%.
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Dell, Nvidia To Build Next-Gen Supercomputer For US Energy Department

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Arm and SoftBank Group Contribute USD 15.5 Million to Advance AI Through Carnegie Mellon University's Partnership with Keio University

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