News

After Deal Talks, Intel’s $2 Billion Infusion From SoftBank Will Accelerate AI Push

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

SoftBank and Trump may not be enough to save Intel

Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...

OpenAI staff looking to sell $6 billion in stock to SoftBank, others, source says

By Juby Babu (Reuters) -Current and former employees of OpenAI are looking to sell nearly $6 billion worth of the ChatGPT ...
Cryptopolitan on MSN1d

SoftBank’s $47B rally faces pause as charts signal overheated stock

SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up.

Factbox-SoftBank's growing bets on AI and semiconductor assets

Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...
FinTech Magazine1d

How SoftBank's US$2bn Bolsters Intel's Financial Stature

Japanese investment giant SoftBank has announced a substantial US$2bn investment in Intel, the major American semiconductor ...

SoftBank buys Foxconn's Ohio plant to build AI servers for US data centers

Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...