SoftBank Sells $5.8B Nvidia Stake to Fund AI Push
Japanese investment giant SoftBank has sold its entire $5.8 billion stake in Nvidia to finance a massive $30 billion commitment to AI developer OpenAI.
#SoftBank#Nvidia#OpenAI
#SoftBank
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SoftBank Approves Remaining OpenAI Investment
SoftBank Group has approved the remaining $22.5 billion of its investment in OpenAI, providing a major boost for AI research and development.
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OpenAI Explores Custom AI Chip Development with SoftBank
OpenAI is in discussions with SoftBank Group to potentially develop custom AI chips, a move aimed at reducing dependency on Nvidia and lowering high operational costs.
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SoftBank to Acquire ABB Robotics Division for $5.4 Billion
SoftBank Group has agreed to acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, a major step in its strategy to advance in artificial intelligence and automation.
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AI Data Center Planned for Former GM Site in Lordstown
A portion of the former General Motors complex in Lordstown, Ohio, is being redeveloped for an AI server and data center as part of a global initiative.
#Artificial Intelligence#Data Center#Lordstown
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Stargate AI Project Adds Five US Data Centers
OpenAI, Oracle, and SoftBank are expanding the Stargate AI project with five new U.S. data centers, bringing total investment to over $400 billion.
#Artificial Intelligence#Data Centers#OpenAI