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SoftBank Group Corp said on Wednesday it would acquire Ampere Computing, a U.S. chip startup founded by the former president of Intel that is increasingly focused on artificial intelligence, in a $6.5 billion all-cash deal.
Samsung Electronics is set for a tough annual general meeting on Wednesday with shareholders frustrated by its failure to ride a boom in artificial intelligence that made it one of the worst-performing tech stocks last year.
In today's AI infrastructure news, OpenAI and SoftBank plan to convert a former Sharp LCD plant in Osaka into a large-scale AI data center.
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
Yamaha Motor Co., Ltd. ("Yamaha") today announced the launch of Yamaha Agriculture, Inc., a new company focused on delivering autonomous equipment and AI-powered digital solutions that help growers in the specialty crop market become more sustainable,
SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint release released on Monday.
Japanese Prime Minister Shigeru Ishiba will hold talks with OpenAI CEO Sam Altman and SoftBank Group CEO Masayoshi Son on Monday, the Japanese government said on Friday.
ASML Holding N.V.'s complex, high-cost business model and reliance on a few partners are mitigated by secular trends and continuous R&D investment. Learn more on ASML stock here.