OpenAI's undefined revenue streams fumbled a $30 billion investment but later saw a $500 billion kickback with "a clear focus of converting to a for-profit entity"
SoftBank Vision Funds CFO revealed the institution had the opportunity to invest $30 billion in OpenAI in 2023 but didn't ...
Malaysia Sun1h
India records decade-high October exports, hits USD 39.2 billion milestone
India has achieved a significant milestone by recording its highest-ever merchandise exports of USD 39.2 billion for October ...
Elon Musk adds Microsoft as a defendant in OpenAI lawsuit, accusing them of anticompetitive conduct
Elon Musk has added Microsoft to an amended lawsuit against OpenAI, accusing the ChatGPT maker of starving rivals of AI ...
Malaysia Sun2h
US inflation rose slightly last month from rent increases, car prices
In October, U.S. inflation rose slightly, mainly due to increases in rents, used car prices, and airfare, signaling that the ...
Tech Goondu3h
SoftBank, Nvidia join Japan tech giants and universities to drive AI leadership
In a move to advance Japan’s AI capabilities, SoftBank is building the country’s most powerful AI supercomputer with Nvidia ...
Computer Weekly3h
Nvidia, SoftBank claim AI, 5G telecom pilot first
AI processor leader joins Japanese telco on AI Aerial platform for outdoor pilot of what is said to be world’s first combined ...
TelecomTV4h
Japan chips in with $65bn AI-fuelled support package
The Japanese government looks set to trump the $52.7bn Chips and Science Act investments in the USIt is stumping up a massive ...
Computer Weekly5h
Nvidia powers AI development in Japan and Indonesia
Nvidia is deepening its presence in Japan and Indonesia through partnerships with local cloud providers and tech companies to ...
TelecomTV6h
LF Networking welcomes SoftBank Corp. as Platinum member
SoftBank joins existing LFN Platinum member organizations, including: China Mobile, China Telecom, Cisco, Deutsche Telekom, Ericsson, Google, Huawei, Infosys, Nokia, Qualcomm, Red Hat, Tech Mahindra, ...
SoftBank Books $7.7 Billion Quarterly Gain as Vision Fund Finds Its Feet Again
TOKYO (Reuters) - Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to ...
Fintel on MSN7h
Oppenheimer Downgrades ESS Tech (GWH)
Fintel reports that on November 14, 2024, Oppenheimer downgraded their outlook for ESS Tech (NYSE:GWH) from Outperform to ...
Fudzilla7h
Japan investing $65 Billion in semiconductors and AI
Will run until 2030 The Japanese government is set to invest approximately $65 billion to bolster the country's semiconductor ...