SoftBank returns to black in April-Dec., invests more in OpenAI
SoftBank Group Corp. said Wednesday it swung back to profitability with a net profit of 636.15 billion yen ($4.1 billion) in ...
AI Alarabiya3h
Japan's SoftBank reports loss weeks after announcing AI investment with Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third ...
OpenAI's Altman envisions Stargate-like programme for Europe
OpenAI CEO Sam Altman on Friday signaled willingness to bring a Stargate-like artificial intelligence program to Europe, ...
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 ...
Investors Chronicle9h
Investors lose patience with 'Big Tech' AI spending
In 2024, the narrative around Big Tech was that it was almost impossible for companies to overinvest in artificial intelligence (AI). At almost every earnings update, capital spending (capex) was ...
insideHPC9h
‘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 ...
Al Jazeera English10h
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 ...
SoftBank outlines $500B Stargate project to accelerate AI revolution
The Stargate project, designed to accelerate AI infrastructure development, plans a total deployment of $500 billion over four years, with an initial $100 billion deployment. This initiative will ...
Diginomica13h
AI Summit – VP Vance declares war on regulation, Britain caves in to Trump
The words “NO! WE DON’T WANT THAT, MR VICE PRESIDENT!” were almost in his mouth, but the thought “Dammit, man, I’m British!” ...