News

Foxconn finally revealed the buyer for its Lordstown, Ohio facility: SoftBank. The facility, which was designed for electric ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.
OpenAI CEO Sam Altman has warned of an AI investment bubble, comparing the current surge to the dot-com era. He highlighted unsustainable valuations, investor hype, and the need for startups to focus ...
The move comes just days after Oracle CEO Larry Wilson’s high-profile meeting with US President Donald Trump and the ...
Japanese technology giant SoftBank Group plans to take a US$2 billion stake in computer chip maker Intel as it deepens its ...
SoftBank’s $2 billion investment in Intel offers the challenged chip maker a lifeline—and makes the Japanese conglomerate a private-sector champion in the Trump administration’s effort to revive a ...
Americans are also leery about military applications for AI, the Reuters/Ipsos poll showed. Some 48% of respondents said the government should never use AI to determine the target of a military strike ...
SoftBank Group has agreed to invest $2 billion in Intel, buying shares at $23 apiece under a definitive securities purchase agreement.
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Ch ...