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fromTechzine Global
1 week agoSoftBank close to acquiring DigitalBridge
SoftBank will soon announce an agreement to acquire DigitalBridge. According to sources, talks with the digital infrastructure investor are at an advanced stage. The Japanese group could announce the deal as early as this week. Reuters has not yet been able to independently confirm this information. It became clear in early December that SoftBank was in talks with DigitalBridge. A source confirmed to Reuters at the time that SoftBank was interested in the company because of its portfolio,
Business
fromFortune
1 month agoSoftbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion | Fortune
SoftBank Group has liquidated its complete stake in Nvidia for $5.8 billion, the company announced during a presentation for investors early Tuesday morning, instead redirecting capital toward OpenAI as part of a strategic pivot that underscores both the company's bullish conviction on AI and CEO Masayoshi Son's willingness to place massive, high-stakes bets on emerging tech. Nvidia stock fell 2% shortly after the opening bell.
Venture
fromTechCrunch
3 months agoSoftBank bulks up its robotics portfolio with ABB Group's robotics unit | TechCrunch
Together with ABB Robotics, we will unite world-class technology and talent under our shared vision to fuse Artificial Super Intelligence and robotics - driving a groundbreaking evolution that will propel humanity forward.
Artificial intelligence
#ai-infrastructure
Tech industry
fromNextgov.com
8 months agoCompanies announce billions in investments to support emerging tech
Major tech companies are investing billions in U.S. manufacturing for AI and emerging technologies.
NVIDIA plans to invest $500 billion in AI chip manufacturing in the U.S.
SoftBank commits $700 billion for U.S. AI infrastructure development over four years.
U.S. aims to maintain its leadership position in AI innovation.
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