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Tag: SoftBank

  • Hacker News: OpenAI closes $40B funding round, startup now valued at $300B

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    Kurt Seifried
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    Source URL: https://www.cnbc.com/2025/03/31/openai-closes-40-billion-in-funding-the-largest-private-fundraise-in-history-softbank-chatgpt.html Source: Hacker News Title: OpenAI closes $40B funding round, startup now valued at $300B Feedly Summary: Comments AI Summary and Description: Yes Summary: OpenAI has secured a record-breaking $40 billion funding round, valuing the company at $300 billion, which will be used primarily to advance AI research and scale its compute infrastructure.…

  • Slashdot: SoftBank May Pledge More Than $1 Trillion for AI Effort in US, Nikkei Says

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    Kurt Seifried
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    Source URL: https://slashdot.org/story/25/03/28/1335217/softbank-may-pledge-more-than-1-trillion-for-ai-effort-in-us-nikkei-says?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: SoftBank May Pledge More Than $1 Trillion for AI Effort in US, Nikkei Says Feedly Summary: AI Summary and Description: Yes Summary: SoftBank Group is planning to invest over $1 trillion in creating AI industrial parks across the US, led by CEO Masayoshi Son. The initiative aims to address…

  • Hacker News: SoftBank Group to Acquire Ampere Computing for 6.5B

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    Kurt Seifried
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    Source URL: https://group.softbank/en/news/press/20250320 Source: Hacker News Title: SoftBank Group to Acquire Ampere Computing for 6.5B Feedly Summary: Comments AI Summary and Description: Yes Summary: SoftBank Group’s acquisition of Ampere Computing is a strategic move to enhance its AI infrastructure and semiconductor capabilities, critical for developing Artificial Super Intelligence. The transaction, valued at $6.5 billion, emphasizes…

  • The Register: SoftBank buys server-grade Arm silicon designer Ampere Computing

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/20/softbank_acquires_ampere/ Source: The Register Title: SoftBank buys server-grade Arm silicon designer Ampere Computing Feedly Summary: Japanese tech investor expects its own hyperscalers and e-com giants to collaborate, which could take a bite out of x86 market Japanese tech investment house SoftBank Group has announced its intention to acquire Ampere Computing, the chip design…

  • New York Times – Artificial Intelligence : SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion

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    Kurt Seifried
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    Source URL: https://www.nytimes.com/2025/03/19/technology/softbank-ampere-chips.html Source: New York Times – Artificial Intelligence Title: SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion Feedly Summary: The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence. AI Summary and Description: Yes Summary: SoftBank’s acquisition of Ampere…

  • The Register: AI bubble? What AI bubble? Datacenter investors all in despite whispers of a pop

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/14/ai_datacenter_frenzy/ Source: The Register Title: AI bubble? What AI bubble? Datacenter investors all in despite whispers of a pop Feedly Summary: Billions continue to pour into bit barns across the globe Fears that AI may be a bubble about to burst have yet to dent datacenter investment, with a handful of new developments…

  • The Register: Cybereason CEO leaves after months of boardroom blowups

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/06/cybereason_ceo_leaves/ Source: The Register Title: Cybereason CEO leaves after months of boardroom blowups Feedly Summary: Complaint alleges 13 funding proposals foundered amid battle for control Eric Gan is no longer CEO of AI security biz Cybereason after what appears to have been a protracted and unpleasant fight with investors, including the SoftBank Vision…

  • Cloud Blog: Unico builds cutting-edge IDTech with Spanner Vector Search

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    Kurt Seifried
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    Source URL: https://cloud.google.com/blog/products/databases/unico-builds-cutting-edge-idtech-with-spanner-vector-search/ Source: Cloud Blog Title: Unico builds cutting-edge IDTech with Spanner Vector Search Feedly Summary: Unico is a leading biometric verification and authentication company addressing the global challenges of identity management and fraud prevention.  With nearly two decades of experience in the Brazilian market, Unico has become a reliable supplier to over 800…

  • Enterprise AI Trends: Microsoft sees OpenAI as an existential threat

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    Kurt Seifried
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    Source URL: https://nextword.substack.com/p/microsoft-sees-openai-as-an-existential Source: Enterprise AI Trends Title: Microsoft sees OpenAI as an existential threat Feedly Summary: Satya Nadella’s recent interview reveals that tensions are high betwen MSFT and OpenAI AI Summary and Description: Yes Summary: The text discusses the evolving competitive dynamics between Microsoft and OpenAI, highlighting concerns regarding Microsoft’s reliance on OpenAI for…

  • Slashdot: OpenAI Plans To Shift Compute Needs From Microsoft To SoftBank

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    Kurt Seifried
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    Source URL: https://slashdot.org/story/25/02/21/2131244/openai-plans-to-shift-compute-needs-from-microsoft-to-softbank?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: OpenAI Plans To Shift Compute Needs From Microsoft To SoftBank Feedly Summary: AI Summary and Description: Yes Summary: OpenAI is planning a significant shift in its computing strategy, moving its primary resource needs from Microsoft to SoftBank-backed Stargate by 2030. This transition indicates a major transformation in the operational…