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The Latest Breaking News from SoftBank

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

The Independent UK

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.

TechRadar

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…

AnandTech

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read the most diverse news in one place.

Softbank takes over AI processor designer Graphcore

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

Tom’s Hardware

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

The Guardian - UK

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.

Fortune

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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.

Evening Standard

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.

Fortune

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

The Guardian - UK

Arm to develop AI processors — prototypes ready for spring 2025, says report

Arm is reportedly developing AI processors for Softbank, and its first designs are expected to emerge in 2025.

Tom’s Hardware

South Korea Vows To Protect Companies Amid Japan Dispute

South Korea supports Naver amid Japan's pressure on LY Corp. to reduce reliance. Discussions ongoing for potential share adjustments.

Top News

Softbank Reduces Stake In Paytm To Under 3%

SoftBank reduces stake in Paytm, reflecting evolving dynamics of Indian fintech sector.

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TechRadar

Arm's bigger brethren? Founder of Softbank seeks $100bn war chest to build AI chip behemoth to rival Nvidia, Intel — but is it too little, too late?

Masayoshi Son, the founder of Softbank Group, wants to create a $100bn chip rival to Nvidia.

TechRadar

Tiny AI chip designer could become Arm's sibling - Softbank rumored to be interested in buying cash-strapped Graphcore with its IPU crown jewel likely to be the target

Graphcore is exploring a sale to buyers such as Arm, Softbank and OpenAI.

Tom’s Hardware

Graphcore reportedly explores sale: Arm, OpenAI, and Softbank named as rumored potential buyers

AI processor designer Graphcore could be acquired by Arm, OpenAI, or Softbank.

The Guardian - UK

Shares in chip designer Arm soar by more than 50% leaving it valued at $120bn

Chief executive, Rene Haas, says UK-based firm is benefiting from huge demand for AI-powered products and apps

Fortune

CFOs weigh the risks and rewards when adopting AI

What are the investment requirements needed to give the green light for AI?

AnandTech

Intel Wins Appeal on VLSI Case, $2.18B Judgement Reversed

A U.S. appeals court on Monday overturned a 2021 patent infringement ruling against Intel that awarded patent holding company VLSI $2.18 billion over multiple patent violations. In a two-part decision, the court reversed a previous verdict that found that Intel violated a frequency management patent, while affirming the violation of…

The Guardian - UK

‘Like brushing my teeth’: how Michiru Aoyama writes, records and releases an album every day

For two years, the Kyoto musician has risen at five, watched football, then made an eight-track album of super-deep ambient music – while fitting in a two-hour walk. And 200,000 fans are listening

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