OpenAI's Altman envisions Stargate-like programme for Europe
Stargate is a U.S. venture launched by U.S. President Donald Trump that involves backers like OpenAI, Softbank (OTC: SFTBY) ...
SoftBank swings to $2.4 billion loss in Q3 as value of Vision Fund’s holdings take a hit
SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings ...
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SoftBank expands AI push amid Vision Fund woes, OpenAI partnership
SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...
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Paris AI summit: Why won’t US, UK sign global artificial intelligence pact?
The United States and United Kingdom have refused to sign an Artificial Intelligence Action Summit declaration calling for ...
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SoftBank swings to a loss ahead of big Stargate AI bet
The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion) for the fiscal third quarter amid volatility in ...
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‘Plug, Baby, Plug’: France to Use Nuclear Power to Expand AI Computing Capacity
A country with deep nuclear power resources, France plans to dedicate a gigawatt of it (the power generated by 294 ...
Nvidia Stock Slips. Why Stargate and Meta Are in Focus for Investors.
The chip maker is a technology partner for the $500 billion project that aims to accelerate U.S. AI infrastructure.
Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments ...
SoftBank brings vision and volatility to big tech bets
SoftBank’s founder Masayoshi Son is known for chasing the next big thing. Some of his big bets on tech companies, such as ...