Tag: softbank

SoftBank CEO Predicts Humanoid Robots Will Transform Industry and Daily Life Within a Decade

SoftBank’s Masayoshi Son sees humanoid robots revolutionizing industries and everyday life, anticipating massive growth in physical AI over 10 years.

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SoftBank Surpasses Toyota as Japan’s Most Valuable Company Amid AI Boom

SoftBank has overtaken Toyota as Japan’s most valuable company, driven by rapid growth in AI investments amid shifts in the automotive market.

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Intel-Backed Startup Develops HB3DM Memory to Surpass HBM Bandwidth for AI Accelerators

Intel and partners introduce HB3DM memory technology promising higher bandwidth than HBM for AI accelerator memory stacks.

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SoftBank Plans $3.6 Billion Bond Issuance to Support OpenAI Funding

SoftBank is set to issue $3.6 billion in bonds to provide financial backing for OpenAI as the company prepares for a potential IPO.

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SoftBank Secures $40 Billion Loan to Boost Investment in OpenAI

SoftBank has arranged a $40 billion interim loan to increase its investment in OpenAI and support broad corporate initiatives.

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OpenAI Secures Additional $10 Billion from Smaller Investors to Boost AI Infrastructure

OpenAI plans to raise $10 billion from smaller institutional investors to support its AI development alongside major backers.

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SoftBank Plans Up to $40 Billion Borrowing to Support OpenAI Investment

SoftBank aims to secure up to $40 billion in debt financing to expand its investment in OpenAI’s US-based computing infrastructure.

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Stargate AI Infrastructure Project Faces Delays Amid Disputes Between Key Partners

The $500 billion Stargate AI infrastructure initiative encounters setbacks due to disagreements between OpenAI, Oracle, and SoftBank.

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Boston Dynamics CEO Steps Down After Six Years Leading Robotics Pioneer

Boston Dynamics CEO, who transformed the robotics startup into a business, is stepping down after six years at the helm.

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Intel and SoftBank Plan to Launch New Memory Alternative to HBM by 2029

Intel and SoftBank aim to introduce a novel memory technology as an alternative to HBM, targeting production by 2029.

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SoftBank Negotiates Additional $30 Billion Investment in OpenAI

SoftBank is in talks to inject another $30 billion into OpenAI, following last year’s record $40 billion funding round.

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