All articles tagged with #softbank
Japan’s Nikkei 225 closed at a new high, up 2.28% to 57,650.54 as the post-election ‘Takaichi trade’ fuels gains, with Topix at a record; SoftBank jumped after its forecast upgrade, while Korea’s Kospi rose and Hong Kong’s Hang Seng and China’s CSI 300 posted gains. Australia’s ASX 200 was flat, and U.S. tech-led gains supported sentiment overseas.
OpenAI and SoftBank are planning to invest $1 billion in a company that supplies energy and data centers, aiming to enhance infrastructure for digital and AI technologies.
OpenAI and SoftBank are investing $1 billion in SB Energy to expand AI data center infrastructure for the Stargate initiative, including building a large data center in Texas and deploying AI tools for SB Energy employees, as part of a broader push to support AI growth through significant energy infrastructure investments.
OpenAI and SoftBank are investing $1 billion in SB Energy to support the expansion of AI infrastructure, including building a large data center in Texas, as part of a broader strategic partnership and the Stargate initiative aimed at scaling AI capabilities and infrastructure development.
SoftBank has completed a $41 billion investment in OpenAI, acquiring about 11% stake, as part of its broader strategy to capitalize on the booming AI industry, with recent investments and infrastructure projects supporting next-generation AI development.
SoftBank is acquiring DigitalBridge in a $4 billion deal to bolster its AI infrastructure investments, aiming to develop next-generation AI data centers and advance its vision of Artificial Super Intelligence, with DigitalBridge continuing to operate as a separate platform.
SoftBank is acquiring DigitalBridge for $4 billion to strengthen its AI-related portfolio and expand its digital infrastructure investments, aiming to capitalize on the growing demand for AI computing capacity.
SoftBank has announced a $4 billion deal with DigitalBridge to develop AI data centres, highlighting a significant investment in AI infrastructure.
SoftBank is acquiring DigitalBridge for about $4 billion to expand its investments in digital infrastructure and AI-related data centers, aiming to capitalize on the booming demand for digital capacity driven by AI advancements.
Shares of DigitalBridge soared up to 50% in premarket trading after reports indicated that SoftBank is in advanced negotiations to acquire the company, potentially announcing a deal soon.
SoftBank is acquiring DigitalBridge for $4 billion to strengthen its AI infrastructure portfolio, with DigitalBridge being a major investor in digital infrastructure assets. The deal aims to capitalize on the growing demand for AI computing capacity, and DigitalBridge will continue to operate as a separate platform under its current leadership.
SoftBank's shares declined following the sale of its stake in Nvidia, impacting its stock performance and investor sentiment.
SoftBank's shares dropped up to 10% after selling its entire $5.8 billion stake in Nvidia, citing the need to fund future AI investments, which spooked investors amid concerns of a potential AI industry bubble. Despite strong quarterly results driven by OpenAI, SoftBank is shifting its focus towards AI ventures, including stakes in OpenAI and other tech firms, as it navigates market volatility and aims to become a major player in AI infrastructure.
SoftBank's shares dropped up to 10% after selling its entire $5.83 billion stake in Nvidia to fund a $22.5 billion investment in OpenAI, reflecting a strategic shift towards AI and robotics investments despite previous support for Nvidia.
SoftBank sold its Nvidia shares for $5.83 billion, reflecting a strategic shift towards AI investments like OpenAI, while reporting a nearly tripled profit in the first half of the fiscal year, with its stocks nearly doubling in value over the past year.