OpenAI rejects Musk's takeover offer, says it was ‘not a bid at all'
OpenAI sent a short letter to Elon Musk's lawyer on Friday, rejecting the billionaire's acquisition offer. The "much-publicized 'bid' is in fact not a bid at all," William Savitt, the attorney for ...
Arm reportedly secures Meta as client for its first SoC
Arm could soon launch its first in-house SoC and has reportedly secured Meta as its first major client. More details here.
SoftBank reports new stakes in PacBio, Recursion Pharmaceuticals
SoftBank disclosed a 20.45M share position in PacBio (PACB) and 14.67M share position in Recursion Pharmaceuticals (RXRX) in a regulatory ...
Cleary Gottlieb M&A Veteran Takes Team of 3 to Korea’s Legal Leader Kim & Chang
Big Six Korean law firm Kim & Chang, with gross revenues of approximately $1 billion, has lured veteran mergers and ...
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Arm is making its own chips this year and Meta could be its first customer
Arm is reportedly making its first chip and Meta is apparently already in line to be its first customer.
Exclusive-Arm recruits from customers as it plans to sell its own chips
Arm supplies the crucial intellectual property that firms such as Apple and Nvidia license to create their own central ...
Arm Secures Meta as First Customer for Ambitious New Chip Project, FT Reports
(Reuters) -Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first customers, ...
Elon Musk Offered to Buy OpenAI for an Absurd Amount of Money
Elon Musk, who co-founded OpenAI in 2015, has now offered to buy the nonprofit controlling the AI tech giant for nearly $100 ...
Izuma Networks Partners with SoftBank Corp. to Participate in NEDO's Post-5G Infrastructure Development Project
Izuma Networks is proud to announce its participation in the "Hyper-Distributed Computing Technology Development" project, ...
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JAPAN’S TOYOTA, MITSUBISHI, SOFTBANK BAN USE OF DEEPSEEK CHATBOT
The logo of DeepSeek is displayed alongside its AI assistant app on a mobile phone, in this illustration picture taken ...
Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments.
SoftBank's Son back to form with big bets and quarterly loss
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund ...