Tag Archives: SoftBank

OpenAI, Oracle, SoftBank plan five new AI data centers for $500 billion Stargate project  Reuters CNBC Daily Open: Raining on OpenAI’s parade  CNBC OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites  OpenAI OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power  The Wall Street Journal OpenAI and Oracle show off Stargate AI data center in Texas and plan …

OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring Stargate’s planned capacity to seven gigawatts — enough energy to power more than five million homes. Three of the new sites are being developed with Oracle. They’re …

OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites  OpenAI OpenAI and Oracle to Announce Data Center Expansion in Texas  The Information OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power  The Wall Street Journal OpenAI to Join Tech Giants in Building 5 New Data Centers in U.S.  The New York Times OpenAI, Oracle, SoftBank plan five new AI …

Welcome to another weekly update on quantum computing. The sector continues to advance, with notable progress in finance, security, and hardware research. SoftBank Group (SFTBY) made a major investment in Intel (INTC), Microsoft (MSFT) outlined its quantum-safe roadmap, and a team in Sydney showed a new way to shrink qubit use. Each step adds to the picture of how quantum …

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images Shares Japan’s SoftBank Group plunged as much as 9.2% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight. The tech-focused investment firm saw shares drop for a second consecutive session, …

Key Takeaways Intel on Monday said Japanese investment giant SoftBank had agreed to buy $2 billion of the chipmaker’s stock, boosting hope on Wall Street that the Trump administration and allies will throw the beleaguered chipmaker a lifeline. Tech analyst Patrick Moorhead said the SoftBank deal may pave the way for more deals with potential foundry customers, and could signal …

Key Takeaways The S&P 500 slid 0.6% on Tuesday, Aug. 19, 2025, as tech losses weighed on the index.  Palantir shares plunged as a well-known short seller expressed concerns about the stock’s elevated valuation. Intel stock surged as SoftBank announced a major investment in the chipmaker. Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their …

Intel Stock Gains After Softbank Makes $2 Billion Investment. Why It’s a Big Deal for the Beleaguered Chip Maker.  Barron’s Intel gets $2 billion lifeline in the form of SoftBank equity investment  Reuters SoftBank shares fall over 5% after it announces $2 billion investment in Intel  CNBC Intel secures $2bn lifeline from Japan’s SoftBank  The Guardian Intel stock jumps 5% as SoftBank takes $2 …

Intel Announces $2 Billion Investment by SoftBank. Why It’s Key for the Stock.  Barron’s Intel Stock Jumps as SoftBank Invests $2B in Struggling Chipmaker  Yahoo Finance SoftBank shares fall over 5% after it announces $2 billion investment in Intel  CNBC Intel gets $2 billion lifeline in the form of SoftBank equity investment  Reuters SoftBank held discussions with Intel to buy its chipmaking business, FT …

Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares. The potential deal, which was first …