Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on the wave of U.S.' AI investment announcement, as well as blowout earnings from streaming giant Netflix,

Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.

The streaming service's shares jumped 14% in premarket trading after a blockbuster earnings report late Tuesday. Netflix b

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

The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.

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

SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.

Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become even closer partners. SoftBank reportedly is looking to invest between $15 billion and $25 billion into OpenAI,

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.

SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources

SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.

Christopher McMahon, CEO of Aquinas Wealth Advisors and author of “Faithful Finances”, spoke with Quartz for the latest installment of our “Smart Investing” video series.