News

SoftBank Acquires a 2% Stake in Embattled Intel

The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, ...

SoftBank is investing $2 billion in Intel as part of its AI bet

Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
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As Funding To AI Startups Increases And Concentrates, Which Investors Have Led?

Big Tech and venture capital firms led the way in billion-dollar rounds going to AI companies in 2025, according to ...

SoftBank Buys Foxconn’s Ohio Plant to Boost Stargate AI Push

SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed ...

Americans Fear AI Permanently Displacing Workers, Poll Finds

The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.

SoftBank shares surge to record after optimism for AI prospects boosted Q1 earnings

Shares in SoftBank Group jumped more than 13% to a record high on Friday morning in a show of investor support for the ...

SoftBank's $500B AI Moonshot Hits Speed Bump--But Son Isn't Slowing Down

Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...

SoftBank held talks with Intel on buying contract chipmaking business

SoftBank’s billionaire founder Masayoshi Son held talks with Intel’s chief executive about buying its faltering contract chipmaking business in the weeks before Monday’s announcement that the Japanese ...