SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.
Tech
2025-01-27T22:02:00Z
Developers for Stargate, the $500B AI infrastructure project by OpenAI, Oracle, and SoftBank, will establish a natural gas plant in Abilene, Texas.
Tech
2025-01-24T22:10:02Z
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
Energy concerns, diversification and industries ripe for AI disruption are at the core of Lip-Bu Tan's investment strategy.
Tech
2025-01-22T19:33:29Z
Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the venture had much less cash.
Tech
2025-01-18T20:59:42Z
TikTok is facing a ban in the US and the app could go dark on January 19.
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO Masayoshi Son regretted selling the stock early.
The Japanese conglomerate was part of an investment round that OpenAI unveiled last month that valued the ChatGPT maker at $157 billion.
Tech
2024-11-13T05:39:51Z
The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure supplies.
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.
The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years of investing billions of dollars overseas.
With a bet on OpenAI, Masayoshi Son adds another piece to the puzzle as he looks to bring several investments together to unlock AI advancements.
Tech
2024-09-28T09:12:02Z
Masayoshi Son's bold bets on tech defined an era. A new book asks if the SoftBank boss is a visionary or a gambler.
View filed for bankruptcy protection in April, three years after going public. CEO Rao Mulpuri has left the now private company.
Positron AI is part of a new crop of chip startups trying to compete with Nvidia.
Japan's SoftBank is testing AI technology that can make the lives of call center workers easier by adding a "softer" tone to angry calls.
SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designer Arm Holdings.
The glassmaker struggled with cash burn and product failure for years, View insiders told BI.
Tech
2024-02-20T10:31:02Z
SoftBank's Masayoshi Son is the latest leader to tap up investors for a new venture that plans to address the AI chip shortage.
Tech
2024-02-10T11:08:02Z
More than two decades on from his first bet on Alibaba, SoftBank CEO Masayoshi Son is ready to go all in on the AI revolution.