Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Sam Altman's business buddies are getting stung
Financial Express Kochi
|November 28, 2025
AS INVESTORS START to take sides in the AI race, Sam Altman's buddies are getting burned.
SoftBank Group's shares have tumbled 40% from late October, while Oracle's stock has given up all gains made since early September, when the legacy database software company all of a sudden got an AI halo after announcing a $300-billion computing deal with OpenAI.
The trio are partners in the $500-billion Stargate AI infrastructure project, which aims to build data centres across the US. In addition, in March, SoftBank's Chairman Masayoshi Son managed to strike a venture capital deal with Altman, promising to invest $30 billion by year-end.
Investors are now questioning the ChatGPT maker's dominance after Alphabet released its newest multipurpose Gemini 3 model—which won glowing reviews— as well as how a weakened OpenAI may affect its partners' businesses.
Diese Geschichte stammt aus der November 28, 2025-Ausgabe von Financial Express Kochi.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Kochi
Financial Express Kochi
Bets of RBI buying, lower state debt sale lift bonds
BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.
1 min
January 23, 2026
Financial Express Kochi
PhonePe IPO: Walmart to sell ₹9,173-cr stake
Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.
1 mins
January 23, 2026
Financial Express Kochi
Battery PLI loses charge
ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR
2 mins
January 23, 2026
Financial Express Kochi
IAF’s new ‘Sindoor’ formation on R-Day
FIGHTER JETS OF the Indian Air Force will fly in a special Sindoor formation at the Republic Day flypast this year,ina significant display of India’s air power.
1 min
January 23, 2026
Financial Express Kochi
Bangladesh defiant: Will play, not in India
AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION
2 mins
January 23, 2026
Financial Express Kochi
SAT directs Avadhut Sathe Academy to deposit ₹100 cr
THE SECURITIES APPELLATE Tribunal (SAT) on Thursday accorded a partial relief to Avadhut Sathe and his trading academy against the Securities and Exchange Board of India’s (Sebi) order of impounding %546 crore and imposing trading restrictions.
2 mins
January 23, 2026
Financial Express Kochi
P&G misses Q2 revenue estimates
PROCTER & GAMBLE'S Q2 revenue fell slightly short of Wall Street expectations on Thursday, as weak spending by US consumers and the hit from a government shutdown offset stronger growth globally.
1 min
January 23, 2026
Financial Express Kochi
Brokerages flag margin risks post Eternal Q3 show
BROKERAGES OFFERED A
1 mins
January 23, 2026
Financial Express Kochi
AI gets a seat at the C-suite hiring table
Algorithms do leadership searches but the final call stays human
1 min
January 23, 2026
Financial Express Kochi
IIFL Finance Dec qtr profit rises multifold
IIFL FINANCE, A non-banking financial institution (NBFC) providing gold loans and business loans, on Thursday said its December quarter net profit grew multifold to ₹501 crore as compared to the year-ago period.
1 min
January 23, 2026
Listen
Translate
Change font size