Japanese tech investment firm SoftBank Group is reportedly planning to invest $1 trillion to build artificial intelligence (AI)-equipped factories in the United States.
OpenAI is close to finalising a landmark $40 billion funding round, with SoftBank Group poised to lead the investment, according to a report by Bloomberg. The Japanese tech investor is expected to commit $30 billion in total, starting with $7.5 billion upfront, followed by a second tranche of $22.5 billion later in the year.
While you're busy Ghibli-fying your images with ChatGPT's new image-generation capabilities, OpenAI is out raising a ton more cash. The company is close to finalizing a new $40 billion funding round led by SoftBank, according to a report from Bloomberg.
SoftBank has announced the acquisition of Ampere Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion. The deal, which is expected to close in the second half of 2025, will see Ampere operate as a wholly owned subsidiary of Tokyo, Japan-based SoftBank Group while retaining its name.
SoftBank Group said Thursday that it has struck a deal to buy U.S.-based chip designer Ampere Computing Holdings for $6.5 billion, as part of the Japanese investment firm's plans to boost its exposure to artificial intelligence development.
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure.
SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.
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