Tag Archives: SoftBank

A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Shares in Japan’s SoftBank Group plunged more than 14% Wednesday amid a broader drop in Asian AI-linked companies, tracking declines in U.S. peers, as investors turned wary of stretched valuations …

Strong customer value proposition by combining ABB Robotics’ leading technology and industry expertise with SoftBank’s state-of-the-art capabilities in AI, robotics and next-generation computing Divestment for an enterprise value of $5.375 billion reflects long-term strengths of the robotics business and creates immediate value for ABB shareholders ABB to deploy divestment proceeds in line with its capital allocation principles Ad hoc Announcement …

SoftBank to buy ABB’s robotics business in $5.4 billion deal  Reuters SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play  CNBC ABB to sell robots business to SoftBank in $5.38 billion deal  Yahoo Finance Sami Atiya to leave ABB  ABB Group SoftBank to pay $5.4 billion for robotics producer, one of four areas it’s investing to realize ‘artificial …

An ABB robot on a production line at the Sony UK Technology Centre in Pencoed, UK. Bloomberg | Bloomberg | Getty Images SoftBank Group on Monday said it had agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion, as the Japanese giant looks to bolster its artificial intelligence plays. The deal, which is subject to …

OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says  Reuters OpenAI Valuation Soars to $500 Billion, Topping Musk’s SpaceX  Yahoo Finance OpenAI wraps $6.6 billion share sale at $500 billion valuation  CNBC Tech Drives Stock Rally as OpenAI Fuels Optimism: Markets Wrap  Bloomberg.com OpenAI’s valuation, Challenger layoffs data in focus – what’s moving markets  Investing.com Source link

Since Oracle’s $300 billion deal with OpenAI grabbed the headlines a few weeks ago — sending Oracle’s stock soaring and briefly making its chairman the world’s richest person — some of the biggest questions involved what the cloud computing company would do to deliver all the capacity it had promised, and how that would be financed. Now, we’re getting more …

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 …