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Tech News
SoftBank’s CEO isn’t the only one with questions about Elon Musk’s orbital data center hype
Not everyone is buying Elon Musk’s vision for orbital data centers. Masayoshi Son, the founder and CEO of Softbank, argued…
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SoftBank says it will invest up to €75 billion to build French data centers
SoftBank Group announced today that it plans to spend up to €75 billion (around $87 billion) to expand data center…
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SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO
Tech companies are racing to build out infrastructure that can further drive the automation boom. Now, Japanese multinational SoftBank reportedly…
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Tech News
OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, its largest funding round to date…
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Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
PayPay, Japan’s leading mobile payment app, has reportedly postponed its U.S. IPO due to market volatility and recent conflict in…
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The billion-dollar infrastructure deals powering the AI boom
It takes a lot of computing power to run an AI product — and as the tech industry races to…
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Tech News
SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value
SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation…
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SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked…
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SoftBank’s Nvidia sale rattles market, raises questions
Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with brow-raising bets, each one seemingly…
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The circular money problem at the heart of AI’s biggest deals
SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal…
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With an Intel recovery underway, all eyes turn to its foundry business
Intel’s third-quarter earnings beat Wall Street expectations Thursday, results buoyed by a bump in revenue combined with larger cuts, and…
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Tech News
The billion-dollar infrastructure deals powering the AI boom
It takes a lot of computing power to run an AI product — and as the tech industry races to…
Read More »