March 1 (Reuters) - SoftBank Group (9984.T), opens new tab CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news ...
According to PitchBook, the latest investment would not only double the value of OpenAI, but would raise it to an incredible ...
Gan, a former SoftBank executive who helped the tech ... made based on personal interests rather than what is best for the organization,” Gan said in an internal email to staff.
LONDON, March 20 (Reuters Breakingviews) - Stargate, the $500 billion data-centre project, opens new tab led by OpenAI and SoftBank Group (9984.T), opens new tab, is named after science fiction.
The company is close to finalizing a new $40 billion funding round led by SoftBank, according to a report from Bloomberg. The report noted that other funds, including the hedge fund Magnetar ...
Malaysia, which packages roughly a tenth of the world’s semiconductors, has inked a pact to pay the SoftBank Group Corp.-owned UK firm $250 million over a period of ten years for a slew of ...
SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere Your email has been sent SoftBank has announced plans to acquire the chip startup Ampere for $6.5 billion in an all-cash ...
SoftBank Group inked a deal to purchase U.S.-based chip designer Ampere Computing Holdings for $6.5 billion, the latest in a series of investments to advance its artificial-intelligence ...
But the only reason why we can think that Softbank would want to acquire Ampere Computing for $6.5 billion is to get the 1,500 people or so that are chip and microcode engineers who have brought to ...
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech giant plans to borrow $16 billion to invest in AI, with an option to ...
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