Tag

Softbank

All articles tagged with #softbank

OpenAI and SoftBank Invest $1 Billion in SB Energy and Stargate Expansion

Originally Published 2 days ago — by Reuters

Featured image for OpenAI and SoftBank Invest $1 Billion in SB Energy and Stargate Expansion
Source: Reuters

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.

SoftBank to Boost AI Focus with $4 Billion DigitalBridge Acquisition

Originally Published 13 days ago — by Investor's Business Daily

Featured image for SoftBank to Boost AI Focus with $4 Billion DigitalBridge Acquisition
Source: Investor's Business Daily

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 Nears $4 Billion Deal to Acquire DigitalBridge Data Center Firm

Originally Published 13 days ago — by Yahoo Finance

Featured image for SoftBank Nears $4 Billion Deal to Acquire DigitalBridge Data Center Firm
Source: Yahoo Finance

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 Offloads $5.8 Billion Nvidia Stake Amid OpenAI Push

Originally Published 2 months ago — by Bloomberg.com

Featured image for SoftBank Offloads $5.8 Billion Nvidia Stake Amid OpenAI Push
Source: Bloomberg.com

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 cashes out $5.8B Nvidia stake ahead of AI investments

Originally Published 2 months ago — by Bloomberg.com

Featured image for SoftBank cashes out $5.8B Nvidia stake ahead of AI investments
Source: Bloomberg.com

SoftBank sold its entire Nvidia stake for $5.83 billion to fund its AI projects and investments, highlighting its strategy to capitalize on AI growth while managing liquidity for new ventures like data centers and chip design acquisitions. The sale reflects SoftBank's focus on expanding its AI ecosystem amid debates about potential investment bubbles in the tech sector.