OpenAI and Softbank Group announce $1 billion investment in SB Energy

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SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI and SoftBank announced plans to invest $1 billion in SB Energy as part of a strategic partnership that will support OpenAI’s artificial intelligence infrastructure buildout. The partnership […]


SoftBank shares slide nearly 7% amid renewed pressure on AI-linked stocks

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The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.  Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range […]


SoftBank to acquire chip designer Ampere in $6.5 billion deal

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The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. The Japanese giant expects the deal to close […]