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, ...
OpenAI Argues US Will Forfeit AI Lead to China if It Can't Learn From Copyrighted Material
OpenAI shared its game plan on Thursday on ways the Trump Administration can "strengthen America's lead" on artificial ...
FXEmpire.com10d
Face-recognition business puts SoftBank between China, U.S
The billionaire said last month SoftBank is taking a cautious approach towards China due to a regulatory crackdown there that has roiled its portfolio. JCV said it keeps SenseTime and the credit ...
SoftBank Considers Borrowing $16 Billion to Fund AI
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, ...
Exclusive-China to publish policy to boost RISC-V chip use nationwide, sources say
BEIJING/SHANGHAI (Reuters) -China plans to issue guidance to encourage the use of open-source RISC-V chips nationwide for the ...
SoftBank Bets Big on AI With $16B Loan, But Can It Sustain the Risk?
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech ...
Yahoo Finance1mon
SoftBank Swings to a Loss Ahead of Big AI Bet With OpenAI
SoftBank has about ¥5 trillion ($32.6 billion ... $2 billion in the US startup — even as low-cost AI models from China are challenging the cash flow assumptions that would underpin Stargate ...
SoftBank buys $676M old Sharp plant for its OpenAI collab in Japan
On Friday, the tech company confirmed it would pay $676 million for factory previously used by Sharp to build LCD panels to ...
Deccan Herald12d
SoftBank in talks to borrow $16 billion to fund AI
Stargate is a joint venture by Oracle, OpenAI and SoftBank, that plans to invest up to $500 billion to help the United States stay ahead of China and other rivals in the global AI race.