Trump tariffs could stymie Big Tech's US data center spending spree
Bernstein analysts pegged data processing machine imports at about $200 billion in 2024, mostly from Mexico, Taiwan, China, ...
Al Jazeera on MSN5d
As the US and China lock horns, Malaysia hopes to harness an AI revolution
AT&S’s Malaysian facility is located at Kulim Hi-Tech Park, an industrial park which is a stone’s throw away from the ...
Bloomberg L.P.3d
SoftBank Seeks Record $16.5 Billion Loan for AI Growth in US
SoftBank Group Corp. is seeking a loan of as much as $16.5 billion to help fund artificial intelligence investments in the US, people familiar with the matter said, in what would be its largest ...
Wall Street Journal4d
How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt
President Trump was joined by OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son earlier this year. Photo: Aaron Schwartz/Bloomberg News The Tokyo-based company ...
朝日新聞社5d
OpenAI to raise $40 billion in SoftBank-led round to boost AI efforts
OpenAI is partnering with SoftBank and Oracle to establish a network of data centers under the $500-billion Stargate project, aimed at powering AI workloads in the U.S. "AI is a defining force ...
The Verge4d
OpenAI just raised another $40 billion round led by SoftBank
The startup that produced ChatGPT is now valued at $300 billion. The startup that produced ChatGPT is now valued at $300 billion. Kylie Robison is a senior AI reporter working with The Verge’s ...
Business Insider3d
SoftBank seeking bridge loan of up to $16.5B for US investments, Bloomberg says
SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the U.S., its largest-ever borrowing denominated solely in dollars, Bloomberg’s Kari Soo Lindberg and Min ...
Bloomberg L.P.4d
OpenAI Finalizes $40 Billion Funding at $300 Billion Value
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from SoftBank Group Corp. and other investors at a $300 billion ...
Hindustan Times4d
OpenAI finalises $40 billion funding from Masayoshi Son's SoftBank, valuation almost doubles to $300 billion
SoftBank which is leading the deal will initially be investing $7.5 billion in the company along with $2.5 billion from an investor syndicate. OpenAI has finalised a $40 billion funding round from ...
ジャパンタイムズ4d
OpenAI says new funding from SoftBank boosts valuation to $300 billion
The infusion of cash comes in a partnership with Japanese investment giant SoftBank Group and "enables us to push the frontiers of AI research even further," the San Francisco-based company said ...
Samsung Elec Appoints Mobile Chief as Interim Head of Consumer and Mobile Division
Samsung Electronics appointed on Tuesday its mobile chief Roh Tae-moon as acting head of the company's consumer and mobiles ...
Channel NewsAsia Singapore4d
South Korea March exports rise for second month, misses expectations
SEOUL : South Korea's March exports grew for a second month but missed market expectations, as a global trade war triggered by U.S. President Donald Trump's tariffs raises uncertainty for ...