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Salesforce's revenue significantly increased, exceeding market financial estimates.
[Cloud] Customer information management (CRM) software salesforce rose by over 10%. The positive response was due to the announcement made the previous evening regarding the financial results for the period from August to October 2024, which exceeded market financial estimates in revenue. The core subscription revenue increased by 9%, growing more than market expectations. <1447> ITbook <2158> Frontio <2349> NID <2351> ASJ <2479> Jtech <2488> JTP <3671>
Mr. Mask's xAI is rapidly catching up to OpenAI.
It has been reported that Elon Musk has been focusing on rapidly growing his artificial intelligence (ai) startup xAI over the past year. In a plan to establish a new datacenter, he urged contractors to complete it in an unprecedentedly short period of just a few months, and regarding the new facility, Musk expressed confidence that by December, xAI will contribute to providing the world's strongest ai "in every indicator".
SoftBank Group aims to acquire shares from OpenAI employees.
[Generating AI] Softbank Group <9984> is reportedly aiming to increase its investment ratio by acquiring up to $1.5 billion (approximately 230 billion yen) worth of shares from employees of the US OpenAI, as multiple sources have revealed. It is reported that Softbank Group's offer for share acquisition is expected to close within the week. <6702> Fujitsu <7046> TDSE <4011> Headwaters.
Nippon Information Development: Half Year Report - Term 58 (2024/04/01 - 2025/03/31)
Nippon Information Development: Confirmation letter
Prime Minister Ishiba aims to support semiconductors and AI with 10 trillion yen.
Prime Minister Shigeru Ishiba has announced that the government will provide more than 10 trillion yen in public support for semiconductors and artificial intelligence (ai) by the fiscal year 2030. He also revealed plans to hold discussions among government, labor, and management within the month towards raising wages in the next spring labor negotiations and medium-term increases in minimum wages. Additionally, it has been reported that he intends to establish a new support framework to draw more than 50 trillion yen in public-private investments over the next 10 years. <6702> Fujitsu <7046>
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