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Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...- SoftBank seeks up to $40 billion loan to finance OpenAI investmentSoftBank is seeking up to $40 billion in loans, mainly to back its $30 billion investment in OpenAI. The Japanese firm has sold assets, inc...
- Nvidia builds location verification tech that could help fight chip smugglingNvidia has devised optional software to help data centre owners confirm where their AI chips are operating, using secure GPU features and n...
- SoftBank’s Masayashi Son ‘cried’ about Nvidia stake sale to fund AI betsSoftBank founder Masayoshi Son expressed regret over selling Nvidia shares, stating the capital was needed for significant AI investments, ...
- SoftBank sells entire Nvidia stake for $5.8 billion in surprise moveSoftBank sold its Nvidia stake for $5.8 billion, contributing to a surprise ¥2.5 trillion net income. The company is aggressively investing...
- ABB to sell robots business to SoftBank in $5.38 billion dealSoftBank Group is acquiring ABB's robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank founder Ma...
- Even after strongest quarterly performance since June 2021, SoftBank to layoff 20% of its Vision Fund teamSoftBank Vision Fund layoffs 2025: SoftBank Group is reducing its Vision Fund workforce by 20%. This decision comes after the fund reported...
- SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo saySoftBank Group is set to reduce its Vision Fund team by nearly 20% globally, redirecting resources towards Masayoshi Son's ambitious AI ven...
- 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...
- Masayoshi Son hints at succession plan while chasing AI ambitionSon said he plans to hold SoftBank’s reins another ten years, but added he has several candidates for its next chief in mind from within th...
- SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffersNew venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such a...
- Nintendo faces trade war test with Switch 2 launchNintendo is launching Switch 2 on June 5, eight years after the original. The company faces trade war challenges, including tariffs. These ...
- Renault to fully acquire Nissan’s stake in India JV, take full control of operationsRenault will acquire Nissan's 51% stake in their joint venture, RNAIPL, making it a wholly-owned subsidiary. Nissan will continue to use th...
- SoftBank to acquire US semiconductor firm Ampere for $6.5 billionSoftBank Group has reached a $6.5 billion deal to acquire US semiconductor firm Ampere, specialising in high-performance AI chips. The acqu...
- ETtech Explainer: All you need to know about Google's Axion data centre processorsGoogle Cloud introduces Axion, a custom Arm-based CPU, to enhance data centre AI capabilities, competing with AWS and Microsoft. Axion targ...
- Oracle spends more than $100 million on Ampere chipsAmpere builds custom server chips based on Arm technology that compete with designs produced by Intel and AMD, which use X86. Oracle has in...
- Intel says new 'Sierra Forest' chip to more than double power efficiencyIntel on Monday said a new data center chip coming out next year will handle more than double the amount of computing work that can be done...
- Nissan seals Renault deal, now faces hard yards in ChinaThe agreement now frees up both companies to focus on the more pressing problem of navigating the fast-changing industry landscape. For Nis...
- Oracle spending 'billions' on Nvidia chips this year: Chairman Larry EllisonOracle is buying huge numbers of graphics processing units (GPUs) designed to crunch that data for AI work.
- Forum Synergies and Axon Capital to invest Rs 20 crore in electric bike company AmpereForum Synergies & Axon Capital will invest in Annamalai’s four-year-old electric bike company Ampere, for a minority stake.
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