SoftBank reports a 4x rise in annual profit, driven by larger bets on OpenAI. The move signals confidence in AI’s growth potential and impacts tech investments.
The Latest
SoftBank’s annual profit quadruples as it doubles down on OpenAI bet
Trump-Xi summit live: Beijing prepares for US president’s evening arrival
U.S. President Donald Trump arrives in Beijing ahead of a high-stakes summit with Chinese President Xi Jinping, marking his first visit in nearly nine years.
Luang Prabang’s World Heritage status at risk over Mekong dam
A new hydropower dam near Luang Prabang threatens UNESCO World Heritage status amid concerns over environmental and community impacts.
Will Singapore warm to nuclear as 20% of electricity goes to data centers?
Singapore uses nearly 20% of its electricity for data centers in 2026. Will the country adopt nuclear energy to meet rising demand? Experts weigh in.
Japan megabanks to gain access to Anthropic’s powerful AI model Mythos
Japan’s major banks to gain access to Anthropic’s advanced AI model Mythos by the end of May, marking a significant step in AI adoption in Japan’s banking sector.
Nvidia’s Jensen Huang heads to Beijing with Trump after all
Nvidia CEO Jensen Huang is confirmed to accompany President Trump on his Beijing visit, marking a significant tech industry presence in the diplomatic trip.
Samsung strike looms after marathon wage talks collapse
Samsung Electronics faces a potential strike after wage negotiations with its union collapsed, risking disruption of global production.
Trump-Xi summit: 5 things to watch as world’s most powerful men meet
U.S. President Trump and Chinese President Xi Jinping meet in Beijing to discuss trade, technology, Taiwan, and global issues. Here’s what to watch.
Nidec confirms ‘suspected improper conduct’ over quality irregularities
Nidec announces suspected improper conduct related to quality irregularities, plans external investigation, causing stock price to hit daily limit.
China, US trade chiefs huddle for last-minute talks before Trump visit
Chinese and US trade officials met in South Korea on May 13, 2026, for urgent discussions ahead of President Trump’s upcoming visit to China, aiming to stabilize relations amid widening gaps.