SoftBank Set To Acquire Ampere

SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. TakeAway...

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Tech News

DeepSeek prioritizes Research Over Revenue

DeepSeek, a Chinese AI chatbot, is prioritizing research over profit. TakeAway Points: Chinese AI chatbot DeepSeek is choosing to focus on research...

131

Press Release

SoftBank Reports A $2.4 Billion Loss In The Third Quarter

SoftBank Group reported a surprising quarterly loss on Wednesday due to a decline in investments made through its Vision Funds. Additionally, the...

254

Tech News

Softbank To Invest $40 Billion In OpenAI At $260 Billion Valuation

SoftBankhttps://techbullion.com/softbank-group-formed-a-joint-venture-with-tempus/ is close to finalizing a $40 billion primary investment in OpenAI, which is valued at $260 billion before money. TakeAway Points:...

253

Business news

BTS Secures Role as Global A2P SMS Aggregator for BBIX and SoftBank Corp.

BTS has secured roles as a global A2P SMS aggregator for BBIX and SoftBank Corp. Takeaway Points BTS has secured roles as...

687

Investment Banking

SoftBank Has Expanded Its Investment In OpenAI By $1.5 Billion

OpenAI is permitting its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer, according to...

423

Tech News

Uber Acquires Shares In Tech Startup Wayve

Uber and Wayve, a British artificial intelligence startup, announced their cooperation, which will see the two companies working together on autonomous driving...

464

Artificial intelligence

SoftBank CEO Predicts AI That Is 10,000 Times Smarter Than Humans

Masayoshi Son, SoftBank CEO, predicted that artificial intelligence—which is 10,000 times smarter than humans—will exist in ten years. During a rare public...