Denemek ALTIN - Özgür
Sam Altman's business buddies are getting stung
Financial Express Mumbai
|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.
Bu hikaye Financial Express Mumbai dergisinin November 28, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Financial Express Mumbai'den DAHA FAZLA HİKAYE
Financial Express Mumbai
Exporters risk losing US summer orders as trade talks linger
INDIAN EXPORTERS OF products ranging from home decor to leather shoes are worried about missing the US summer shopping season if they are unable to lock in orders in January as trade deal talks drag on between India and the US.
3 mins
January 08, 2026
Financial Express Mumbai
'Strongest natural diamond growth coming from India'
Al Cook, CEO of De Beers Group, sees India as a bright spot for natural diamonds as rising demand, growing aspirations and higher disposable incomes pull consumers towards the category.
3 mins
January 08, 2026
Financial Express Mumbai
Govt to rev up auto parts sector with ₹5K-cr push
Scheme to focus on export-oriented, high-value gear
2 mins
January 08, 2026
Financial Express Mumbai
Aditya Birla AMC sees 12% return from equities
ADITYA BIRLA SUN Life AMC expects equity returns in 2026 to be broadly in line with the previous calendar year, at around 10-12%, and believes large-cap stocks are better positioned at this stage of the cycle, as the phase of indiscriminate outperformance in small and mid-caps is behind.
1 mins
January 08, 2026
Financial Express Mumbai
Analysts rule out tariff hike by telcos in Jan-Mar quarter
DESPITE EARLIER OPTIMISM around a near-term reset, analysts now do not expect a tariff hike in the January-March quarter, pushing the next round of telecom pricing intervention back by at least a quarter, if not longer.
1 mins
January 08, 2026
Financial Express Mumbai
Thyssenkrupp may sell Europe unit to Jindal Steel in phases
German giant's shares rise 5%
1 mins
January 08, 2026
Financial Express Mumbai
GDP pegged to grow at a faster clip of 7.4% in FY26
INDIA'S GROSS DOMESTIC product (GDP) is set to grow at 7.4% in the current financial year, in line with independent consensus estimate, the National Statistics Office (NSO) indicated on Wednesday, even as it projected economic expansion at 6.9% in the second half, slowing down from 8% in the first half.
3 mins
January 08, 2026
Financial Express Mumbai
GDP to grow at 7.4% in FY26: NSO
FROM THE FRONT PAGE
3 mins
January 08, 2026
Financial Express Mumbai
Warner Bros turns down revised Paramount bid
WARNER BROS DISCOVERY'S board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject.
1 min
January 08, 2026
Financial Express Mumbai
Indian Gas Exchange to launch IPO by Dec
INDIAN GAS EXCHANGE, the country's first online delivery-based trading platform for natural gas, is likely to launch an initial public offering (IPO) by
1 min
January 08, 2026
Listen
Translate
Change font size