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The Latest Breaking News from SoftBank

Legendary billionaire tech investor makes an amazing claim about Nvidia's stock

Here’s what could be next for Nvidia.

The Street

Nvidia: undervalued in a golden era of robots?

Masayoshi Son of SoftBank is about to open a robot factory with the Saudis.

Fortune

AI-generated cyber threats have C-suite leaders on edge

The nature and scope of fraud is getting more complex.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

The top AI threats keeping cybersecurity leaders up at night

AI-generated cybersecurity threats are growing 'like a tidal wave.'

Fortune

Mike Ashley’s Frasers Group takes £10m stake in online retailer THG

Move is part of THG raising £95.4m to fund demerger of lossmaking technology arm Ingenuity

The Guardian - UK

OpenAI Adds SoftBank, Nvidia As Investors, With AI Model Battle Heating Up

Generative artificial intelligence leader OpenAI has raised $6.6 billion in new funding, valuing the startup at $157 billion. New investors include SoftBank and Nvidia.

Investors Business Daily

OpenAI Secures $6.6 Billlion In New Funding At $157 Billion Valuation

OpenAI did not name the investors, but reports said that the funding round was led by New York-based venture capital firm Thrive Capital, including the company's biggest backer Microsoft and new participants, chipmaker Nvidia and SoftBank, among others.

Latin Times

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OpenAI raises $6.6 billion from Microsoft and NVIDIA, pushing its market cap to $157 billion — with "the world's dominant AI company worth trillions of dollars" and $11.6 billion in sales vision on the horizon

OpenAI has officially closed its funding round with a $157 billion market capitalization after raising $6.6 billion from many big tech corporations, including Microsoft, NVIDIA, SoftBank, and more.

Windows Central

OpenAI Secures $6.6 Billion In New Funding At $157 Billion Valuation

International Business Times

OpenAI raises $6.6bn in funding, is valued at $157bn

The startup behind ChatGP, which is reportedly planning to become a for-profit business, is now valued on par with Uber

The Guardian - UK

British gambling regulator prosecutes Sorare football game

Gambling Commission accuses $4.3bn business promoted by Premier League of providing unlicensed gambling

The Guardian - UK

Datacenter chipmaker Ampere, once valued at $8 billion, explores possible sale: Report

Oracle-backed Ampere is exploring potential sale, Bloomberg says.

Tom’s Hardware

Should You Follow Cathie Wood Into This AI Diagnostics Stock?

This AI diagnostics stock is a holding in Wood's ARKK and ARKG ETFs.

Barchart

SoftBank's Intel AI processor plans in doubt as insiders say it is now considering a TSMC partnership

SoftBank had to start talks with TSMC after it canceled plans to produce AI processors with Intel as the company failed to meet production requirements.

Tom’s Hardware

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The Independent UK

Japan's SoftBank reduces its investment losses with gains in Alibaba and other holdings

Japanese technology giant SoftBank Group has reported a smaller loss for the April-June quarter compared to a year earlier

TechRadar

Japanese owner of Arm gets a bargain with Graphcore purchase — could British startup stymied by lack of support embrace Arm's licensing strategy to break Nvidia's stranglehold on AI?

SoftBank, the Japanese owner of Arm, has snapped up troubled British AI chip designer Graphcore.

AnandTech

Troubled AI Processor Developer Graphcore Finds a Buyer: SoftBank

After months of searching for a buyer, troubled U.K.-based AI processor designer Graphcore said on Friday that it has been acquired by SoftBank. The company will operate as a wholly owned subsidiary of SoftBank and will possibly collaborate with Arm, but what remains to be seen what happens to the…

Tom’s Hardware

Softbank takes over AI processor designer Graphcore

Softbank acquires Graphcore, an AI processor developer, as it preps a push into AI datacenters.

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news in one place.

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The Guardian - UK

UK risks tech ‘talent drain’ to US if pension funds fail to back sector

Co-founder of British chipmaker Graphcore, which has been bought by Japan’s SoftBank, issues warning

The Guardian - UK

Pound nears one-year high; Japan’s SoftBank buys UK chipmaker Graphcore – as it happened

Sterling boosted by UK growth data and weaker US inflation; Graphcore once touted as rival to Nvidia but has struggled to secure investment

Fortune

SoftBank's billionaire CEO says he was put on Earth to create artificial superintelligence that's 10,000 times smarter than a human—'I am super serious about it'

"For what purpose was Masa Son born? It may sound strange, but I think I was born to realize ASI," SoftBank's CEO said.

Evening Standard

SoftBank’s Son aims to create ‘super’ AI in new investment drive

SoftBank Group Corp.’s big-talking founder Masayoshi Son is back, this time with plans to bring about an era of artificial super-intelligence.

Fortune

Imagine owning 5% of Nvidia but selling it all 5 years ago—tech investor rues over $150 billion slipping through his fingers as ‘fish that got away’

Softbank founder Masayoshi Son dumped his entire stake in Nvidia after a crypto downturn hurt sales to miners—now he wants to make good with a huge bet on artificial super intelligence.

Fortune

Deflated 'unicorn' CEO Adam Neumann retreats after judge kills his attempt to buy back WeWork, which he drove into the ground five years ago

A bankruptcy judge rejected Neumann’s bid to purchase the beleaguered co-working company.

The Guardian - UK

Arm owner SoftBank reports £1.2bn profit as it shifts towards AI

Tech investor led £800m funding round into UK self-driving car software company Wayve

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