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The Latest Breaking News from SoftBank

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 · Jul 12, 2024

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 · Jul 12, 2024

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 · Jun 27, 2024

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

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 · Jun 21, 2024

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 · Jun 21, 2024

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 · May 28, 2024

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 · May 13, 2024

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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 · May 12, 2024

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.

Wayve co-founder Alex Kendall net worth hits £400 million after SoftBank-led funding round

The wealth of the co-founder of Wayve has topped £400 million after the autonomous vehicle start-up secured more than $1 billion in a fresh funding round led by SoftBank.

Evening Standard · May 7, 2024

UK AI startup Wayve wins $1bn funding for self-driving car software

Japan’s SoftBank leads largest investment to date in a European artificial intelligence company

The Guardian - UK · May 7, 2024

ChatGPT might get its own dedicated personal AI device – with Jony Ive's help

A new report says OpenAI CEO Sam Altman and Sir Jony Ive are teaming up on an AI device.

TechRadar · Apr 6, 2024

Pre-Earnings Alert: AVGO Stock Poised for Growth Surge?

Broadcom Inc.’s (AVGO) strategic acquisitions and collaborations with industry leaders are undoubtedly laying a solid foundation for significant long-term growth. However, with earnings on the horizon, would it be prudent to invest in AVGO shares now? Let's explore whether the company's fundamentals support this potential….

StockNews.com · Mar 5, 2024

Softbank Reduces Stake In Paytm To Under 3%

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

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 · Feb 24, 2024

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 · Feb 19, 2024

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 · Feb 8, 2024

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

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Fortune · Jan 12, 2024

CFOs weigh the risks and rewards when adopting AI

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

AnandTech · Dec 6, 2023

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 · Dec 5, 2023

‘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

iMore · Nov 30, 2023

Apple's iPhone and Mac chip deal with Arm might be the bargain of the century

Apple pays less than you might expect for the technology behind those fast A17 Pro and M3 chips.

Fortune · Nov 16, 2023

The co-founders of now-shuttered IRL are suing its investors in the latest development of the startup’s saga

Just two years ago, the Gen Z-messaging app IRL was flying high with a $1.2 billion valuation.

Fortune · Nov 15, 2023

Former Googler Adrian Aoun raises $100 million for walk-in AI healthcare pods

Health tech startup Forward plans to roll out the CarePod in several US cities, backed by a fresh round of funding from Khosla Ventures, Founders Fund, Softbank, and Samsung Next.

The Independent UK · Nov 9, 2023

Japan's SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour

Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured

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