Tag: SoftBank

Anthropic Is Watching OpenAI’s Stargate Stumbles—and Taking Notes on What Not to Do
When OpenAI announced its $100 billion Stargate data center initiative with SoftBank earlier this year, it was pitched as the most ambitious infrastructure project in the his...
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OpenAI’s $100 Billion Fundraise at an $850 Billion Valuation Rewrites the Rules of Venture Capital
The artificial intelligence company that began as a nonprofit research lab is on the verge of closing the largest private funding round in history — a $100 billion deal that...
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SoftBank’s OpenAI Gambit Pays Off: Vision Fund Swings to $2.4 Billion Gain as Masayoshi Son’s AI Bet Reshapes the Conglomerate
For years, Masayoshi Son's SoftBank Group was synonymous with the boom-and-bust cycle of venture investing — a conglomerate that rode the highs of WeWork-era exuberance only...
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SoftBank’s $30 Billion Gambit: Inside the Calculated Risk to Dominate AI’s Next Chapter
SoftBank Group Corp. is preparing to make one of the most audacious bets in the history of artificial intelligence, with discussions underway to invest up to $30 billion more...
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SoftBank’s $30 Billion AI Wager: Doubling Down on OpenAI’s $830 Billion Ambition
SoftBank Group Corp. is negotiating an additional investment of up to $30 billion in OpenAI, intensifying its aggressive push into artificial intelligence as the ChatGPT crea...
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SoftBank’s $1T AI Hub Plans for Arizona
SoftBank Group Corp. founder Masayoshi Son has unveiled an audacious vision to establish a $1 trillion industrial complex in Arizona, aiming to transform the state into a global hu...
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SoftBank, Intel Team Up for Energy-Saving AI Chips
In a groundbreaking move for the semiconductor industry, SoftBank Group Corp., the Japanese technology investment giant, has partnered with Intel Corp. to develop a new generation...
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SoftBank May Invest $25 Billion In OpenAI
SoftBank is the latest company interested in making a massive investment in OpenAI, with the company reportedly looking to invest as much as $25 billion....
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AI Chip Startup Graphcore Acquired by SoftBank
UK AI chip startup Graphcore has been acquired by SoftBank, the latest deal aimed at revolutionizing the competitive AI landscape....
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SoftBank’s Billion-Dollar Bet on Next-Generation AI
According to a CNBC report, SoftBank is investing nearly a billion dollars over the next two years to develop advanced artificial intelligence technologies. This bold move into the...
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Arm Prepares For a US IPO
Arm "has confidentially submitted a draft registration" in preparation for a US initial public offering (IPO)....
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Qualcomm Wants Consortium of Rivals to Ensure Arm Remains Independent
Qualcomm CEO Cristiano Amon wants his company to be part of a consortium of rivals that would invest in...
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Sprint CDMA Gets Another Brief Lease on Life
T-Mobile is expending its shutdown date for Sprint's CDMA network, giving devices reliant on it a brief lease on life....
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Arm Cutting Up to 15% of Its Workforce
In the wake of its failed Nvidia deal, Arm is cutting up to 15% of its workforce, or roughly 1,000 jobs....
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Intel Interested in Consortium to Purchase Arm
Intel CEO Pat Gelsinger has expressed his interest in joining a consortium aimed at purchasing Arm Holdings....
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