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SoftBank held talks with Intel on buying contract chipmaking business
SoftBank’s billionaire founder Masayoshi Son held talks with Intel’s chief executive about buying its faltering contract chipmaking business in the weeks before Monday’s announcement that the Japanese company would invest $2bn in the US group’s shares.
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 ...
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
SoftBank Group Corp. shares look to have limited upside after the rally this month that added more than ¥7 trillion ($47 billion) to an all-time high Monday.
Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...
Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure ...
A new partner to Foxconn's AI venture in Lordstown, Japanese investment firm SoftBank, has also announced a $2 billion ...
Intel has secured a crucial $2 billion lifeline from Japanese investment conglomerate SoftBank, marking a significant ...
The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.
Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...
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