Published on: 2025-07-13 17:41:02
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. OpenAI said last week that it would restructure in a format that allows its non-profit entity to retain ultimate control, a plan that on Tuesday received the blessing of one of the U.S. artificial intelligence startup's biggest backers — Japanese giant SoftBank. The endorsement of SoftBa
Keywords: control openai profit restructure softbank
Find related items on AmazonPublished on: 2025-07-13 18:58:54
SoftBank CEO Masayoshi Son delivers remarks next to U.S. President Donald Trump at an 'Investing in America' event in Washington, D.C., U.S., April 30, 2025. Softbank's Vision Fund business on Tuesday posted a loss in the fiscal year ended March as it booked slowing gains at its massive tech investment arm. SoftBank said it notched a gain on investment at its Vision Funds of 434.9 billion yen in the fiscal year, a 40% fall from the 724.3 billion yen booked in the previous year. In its fiscal
Keywords: billion fiscal investment softbank year
Find related items on AmazonPublished on: 2025-08-22 12:10:48
In Brief Stargate, a $500 billion project headed up by OpenAI, Oracle, and SoftBank to build AI data centers and other AI infrastructure in the U.S., is considering investments in the U.K. and elsewhere overseas, according to a Financial Times report. While Stargate was initially launched as a way to boost U.S. AI infrastructure, the project is allegedly weighing international expansion. In addition to the U.K., Germany and France are on the table, per the Financial Times’ reporting. Stargate
Keywords: ai billion financial softbank stargate
Find related items on AmazonPublished on: 2025-10-06 19:11:13
In case you need further evidence that companies involved in AI chip manufacturing are looking to give themselves whatever edge they can, SoftBank is adding to its institutional expertise by buying former Intel president Renee James’ Ampere Computing. The conglomerate is paying $6.5 billion in cash for the chip design business. Ampere, which James founded in 2018, focused on cloud-native computing at first. No prizes for guessing which area the company has moved into since then: "sustainable AI
Keywords: ai ampere arm group softbank
Find related items on AmazonPublished on: 2025-10-07 07:58:47
(TOKYO, Japan) and (Santa Clara, CA) – SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it will acquire Ampere® Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name. As part of the transaction, Ampere’s lead investors – Carlyle (NASDAQ: CG) and Oracle Corp. (NYSE: ORCL) – are selling their respective
Keywords: ai ampere computing group softbank
Find related items on AmazonPublished on: 2025-10-07 14:28:47
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. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to close in the second half of 2025. Carlyle and Oracle, Ampere’s lead investors, will sell their shares in the Santa Clara, California startup. According
Keywords: ai ampere arm oracle softbank
Find related items on AmazonPublished on: 2025-10-07 15:53:53
The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. The company expects the deal to close in the second half of 2025, according to a statement. Carlyle Group and Oracle both have committed to selling their stakes in Ampere, SoftBank said. Ampere will operate as an independent subsidiary and w
Keywords: ampere arm based said softbank
Find related items on AmazonPublished on: 2025-10-16 10:24:45
SoftBank is marching ahead on its ambitions to build out a major AI operation in its home market of Japan, on its own steam and in strategic partnership with others like OpenAI. On Friday, the tech company confirmed it would pay $676 million for factory previously used by Sharp to build LCD panels to convert it into an artificial intelligence data center. SoftBank’s purchase and sale agreement with Sharp includes both the land and buildings of the Sharp Sakai Plant in Osaka, for a price of 100
Keywords: ai center data openai softbank
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