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SoftBank Posts $7 Billion Quarterly Loss Amid Heavy AI Investments

Japanese investment giant SoftBank Group reported a net loss of $7 billion for the July–September quarter, significantly exceeding analysts’ expectations, as rising data centre development costs in the United States and sharply higher financing...

OpenAI Expands ChatGPT Ads to 89 Countries to Boost Revenue

OpenAI announced on Wednesday that it is expanding advertising on ChatGPT to 26 additional countries, bringing the total number of markets to 89. The move comes as the artificial intelligence company strengthens its advertising...