SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

Oracle Corporation (ORCL) has been a titan of the IT industry for some time now, but with AI becoming the buzzword on everyone’s lips, it could

BofA notes that The Information first reported last Friday that OpenAI is planning to shift some spending on GPU compute from Microsoft (MSFT)