(Reuters) -SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a valuation of $300 billion, including the new funds, sources said, in what could be a record single funding round for a private company.

US President Donald Trump reiterated his commitment to making America a leader in emerging technologies as he spoke at the World Economic Forum in Davos, Switzerland. In particular, his focus currently is on artificial intelligence and cryptocurrencies.

U.N. Secretary-General António Guterres ratcheted up his warning about climate change and said the world’s thirst for fossil fuels is a “Frankenstein monster” that spares no one, while calling for greater attention to risks posed by artificial intelligence if its ascent goes ungoverned — even as some leaders played up its

Donald J. Trump speaks at the World Economic Forum 2025, addressing global cooperation and accountability among world leaders.- Watch Video on English Oneindia

Davos 2025: Trade, Tariffs, AI and UN Chief Guterres Dominate World Economic Forum Agenda DAVOS ... though a new partnership formed by Oracle, SoftBank and OpenAI. The Stargate project's goal ...

The 55 th Annual Meeting of the World Economic Forum opened this week with a powerful message and all-encompassing themes. Klaus Schwab, World Economic Forum Founder and Chairman of the Board of Trustees, global leaders, leaving no doubt about his message: the undeniable need for, in Schwab’s words, Collaboration for the Intelligent Age.

With just hours to go before Finance Minister Nirmala Sitharaman unveils India’s Union Budget 2025, all eyes are on key reform measures proposed by Alternative Investment Funds (AIFs) to boost the sector.

Safety researcher Steven Adler recently announced his departure after 4 years, citing safety concerns. He claimed the AGI race is a huge gamble.

SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.

January saw Meta, Amazon, Microsoft announce layoffs. With China growing influence in the AI space, and Donald Trump at the helm in the US, what lies ahead for the tech industry in 2025?

A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.

Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.