Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.

SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.

SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.

The prime minister’s bumbling answer to a press club question on Australia’s engagement in the AI arms race shows how complacent political and business leaders are.

Trump's Stargate AI initiative has resulted in backlash, including from Elon Musk. But what is it and how could it affect Australian AI?

Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft

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.

Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September. Benchmarks in Japan and Australia rose Thursday.

Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.

Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy

The ASX 200 index closed 0.6% higher on Thursday after briefly hitting a record high of 8515 points as investors eyed the chance of a rate cut from the RBA.