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Here's your TNB Tech Minute for Monday, February 3rd. I'm Pierre Bien-Ame for the Wall Street Journal.

President Trump signed an executive order to create a U.S. sovereign wealth fund today

and suggested it could be used in unlocking a deal to keep TikTok operating. The White House

said the order instructs the Treasury Department and the Commerce Department to begin examining

the creation of such a fund.

Trump allowed TikTok to stay live in the U.S. and has been pressing for a deal to put the Chinese

company's U.S. operations into a joint venture with American owners. He didn't explain what role the

fund would play in a potential purchase of TikTok. Sovereign wealth funds, a catch-all term for an

investment fund owned by a national government, have become prominent players in global markets.

SoftBank Group and Open AI plan to team up to offer artificial intelligence services to Japanese

businesses and maybe at some point the wider world. SoftBank will assign a thousand employees to the joint venture called SB OpenAI Japan to kickstart

its sales and engineering work.

Last week, the journal reported that OpenAI was in early talks to raise up to $40 billion

in a soft bank-led funding round that would value the chat GPT maker at as much as

$300 billion. News Corp, owner of the Wall Street Journal, has a content licensing partnership

with OpenAI. And in other AI news, Chinese upstart deep-seek royal markets last week and sparked

questions about the effectiveness of export controls after the

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