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(Reuters) -SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ...
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has ...
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SoftBank is advancing its R&D for RAN enhancement through a phased approach. In previous research using a Convolutional ...
Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding from a loss a year earlier, as its investments benefited from the craze for ...
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
OpenAI is considering eventually helping other businesses tap into the data centers and physical infrastructure needed for artificial intelligence.
SoftBank is piling into the generative AI gold rush following years of losses. In 2023, SoftBank reported net losses of 227 billion yen, or $1.46 billion, for the fiscal year ending in March.
SoftBank CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realized within 10 years.