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SoftBank Group to acquire Ampere Computing in $6.5 billion AI-focused deal

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.

AI hardware 8month
Samsung to face questions from shareholders after AI chip failings, stock price drop

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.

AI hardware 8month
AI infra brief: From OpenAI, Chevron, Iron Mountain and more

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 in talks to borrow $16 billion to fund AI, The Information reports

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 Launches Yamaha Agriculture, Inc. to Deliver Automation and Digital Crop Management Solutions

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 commits to joint venture with OpenAI, will spend $3 billion per year to use ChatGPT Enterprise and other products

SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint release released on Monday.

Chatbots 9month
Japan PM to meet OpenAI and SoftBank CEOs on Monday, Japanese govt says

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.

Robotics 9month
ASML Holding: A Strong AI Play After Q4, Yet Not Without Risks

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.

AI hardware 9month