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Technology Investment

All articles tagged with #technology investment

SoftBank Nears $4 Billion Deal to Acquire DigitalBridge Data Center Firm
business1 month ago

SoftBank Nears $4 Billion Deal to Acquire DigitalBridge Data Center Firm

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.

Trump Announces U.S. Government to Acquire 10% Stake in Intel
business6 months ago

Trump Announces U.S. Government to Acquire 10% Stake in Intel

President Trump announced that the U.S. government has acquired a 10% stake in Intel, investing approximately $8.9 billion, as part of a strategic move to bolster U.S. leadership in semiconductors and reduce dependence on foreign chip manufacturing. The deal was facilitated through government grants and aims to strengthen domestic chip production amid ongoing global competition, especially with China.

The Pace of the A.I. Revolution: Debunking Hype and Predictions
technology2 years ago

The Pace of the A.I. Revolution: Debunking Hype and Predictions

While generative AI, such as OpenAI's ChatGPT, holds the potential to boost productivity and add trillions of dollars to the global economy, widespread adoption across industries is still years away. Companies like JPMorgan Chase are cautious about the risks of leaking confidential data and the accuracy of AI-generated answers, leading them to block access to such tools. However, the investment frenzy in generative AI start-ups is well underway, with funding reaching $15.3 billion in the first half of 2023. The timeline for mainstream adoption of generative AI applications is uncertain, ranging from eight to 27 years, depending on various factors such as economic cycles, government regulation, and corporate cultures. In the meantime, companies are exploring the use of generative AI for automating and improving tech support and software development.