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Hitachi shares soar over 10% on partnership with OpenAI

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Japanese conglomerate Hitachi rose over 8% after it announced a partnership with OpenAI.
Shares of Japanese conglomerate Hitachi closed over 10% higher Friday after it announced late Thursday a partnership with OpenAI to build artificial-intelligence infrastructure and data centers globally.
Japan’s Nikkei 225 climbed 1.85% to close at 45,769.50, while the Topix ended 1.35% at 3,129.17
The country’s unemployment rate rose to 2.6% in August, government data showed Friday, higher than the 2.4% expected by economists polled by Reuters and the 2.3% rate in the prior month.
The S&P Global Japan services purchasing managers‘ index climbed to 53.3 in September from 53.1 in August, driven by stronger domestic demand amid falling new export business.
„While services companies recorded another month of solid growth, manufacturers reported a steeper decline in output amid weak sales.

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