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PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- Global Markets: Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firmJapan's Nikkei index reached a historic 67,000 mark. AI stocks powered this surge, with SoftBank Group becoming the nation's most valuable ...
- Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firmJapan's Nikkei share average surged past 67,000 for the first time, driven by AI-related stocks. SoftBank Group became the country's most v...
- Global Markets: Japan's Nikkei scales record peak on Mideast, AI optimismJapan's Nikkei share average surged to a record high, driven by optimism for a Middle East peace deal and strong AI stock performance follo...
- SoftBank explores homegrown AI servers with Nvidia, Foxconn: ReportSoftBank is exploring plans to manufacture artificial intelligence servers within Japan. The company is in talks with chip giant Nvidia and...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- US Stock Market: Intel’s AI bet drives upbeat forecast and investor confidenceIntel forecast stronger-than-expected Q2 revenue of $13.8–$14.8 billion, driven by robust demand for AI-focused server chips, with earnings...
- Intel earnings signal recovery at US chip makerIntel's shares surged after exceeding earnings expectations, signaling a potential recovery. Despite a reported loss, revenue increased, an...
- Arm unveils new AI chip, expects it to add billions in annual revenueArm Holdings announced a new artificial intelligence data center chip on Tuesday which it said will add billions of dollars of revenue and ...
- SoftBank and AEP plan massive Ohio gas-fired AI data center campusAmerica and Japan are joining forces for a huge project in Ohio. A massive gas-fired power plant and an artificial intelligence data center...
- SoftBank and AEP plan massive Ohio gas-fired AI data center campusThe US Department of Energy on Friday announced a partnership between Japan's SoftBank Group and electric utility AEP to build a colossal g...
- Skild AI, Nvidia deploy robot brain on Blackwell assembly linesSkild AI said its generalized AI model addresses a key limitation of current robotics systems, which are typically programmed for a single ...
- SoftBank races to fulfil $22.5 billion funding commitment to OpenAI by year-end, sources saySoftBank is rushing to raise $22.5 billion to fund OpenAI, selling assets and considering loans backed by Arm shares. Masayoshi Son has slo...
- Intel gets $2 billion lifeline in the form of SoftBank equity investmentSoftBank is investing $2 billion in Intel. This will make SoftBank a top shareholder. However, SoftBank will not seek a board seat. Also, t...
- Foxconn sees robust AI demand as second-quarter profit tops forecastThe company said artificial intelligence server revenue is expected to leap more than 170% year-on-year in the coming quarter, though it al...
- SoftBank builds Nvidia, TSMC stakes under Masayoshi Son’s focus on AI gearAt the heart of SoftBank’s AI ambitions is chip designer Arm Holdings Plc. Son is gradually building a portfolio around the Cambridge, UK-b...
- OpenAI in talks to raise fresh funds from Saudi Arabia’s PIF, India’s Reliance Industries: The InformationChatGPT developer OpenAI is seeking funds. It is in discussions with Saudi Arabia's PIF, India's Reliance Industries, and UAE's MGX. The co...
- OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources sayOpenAI CEO Sam Altman is visiting the UAE to discuss raising $40 billion with Abu Dhabi's MGX, aiming to fuel AI development and compete wi...
- SoftBank pledges to spend $3 billion annually on OpenAISoftBank Group plans to invest $3 billion each year to implement OpenAI's solutions across its group companies. The two companies will deve...
- Arm IPO to put SoftBank's AI hard sell to the testSince acquiring the chip designer in 2016, SoftBank CEO Masayoshi Son has positioned Arm as the tech investment conglomerate's crown jewel ...
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