A $100 million pro-AI super PAC, backed by Andreessen Horowitz and OpenAI president Greg Brockman, has found its first target ...

SoftBank needs the proceeds for other AI bets like the US$500 billion Stargate project to expand US data-centre capacity.

Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, including Stargate data centres and an AI manufacturing hub in Arizona.

Softbank on Tuesday disclosed it had sold its entire $5.8 billion stake in Nvidia to fund its investments in ChatGPT-maker ...