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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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