Source: SoftBank's plans for a joint venture with OpenAI to bring AI to Japanese corporate customers are behind schedule; a progress update is set for November
Yusuke Ogawa / Reuters :
OpenAI launches Stargate Norway, the first Stargate-branded initiative in Europe, to build a 230MW data center owned by a joint venture between Nscale and Aker
OpenAI has agreed to be an anchor customer for a new data center in Norway, the first European site for the artificial intelligence company's Stargate infrastructure effort.
SoftBank commits $3B annually for itself and its subsidiaries to use OpenAI's tech, and launches SB OpenAI Japan to market OpenAI's enterprise tech in Japan
Welcome to Cautious Optimism, a newsletter on tech, business, and power. SoftBank Group Corp. : OpenAI and SoftBank Group Partner to Develop and Market Advanced Enterprise AI The Asahi Shimbun : SoftB...
Sources: Sam Altman told some colleagues that OpenAI and SoftBank will each commit $19B to Stargate, and OpenAI would effectively hold a 40% interest in the JV
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers …
Rivian and VW finalize a software development joint venture; VW has invested $1B of its planned up to $5.8B by 2027 in the JV designed to be a 50-50 partnership
To celebrate its recent coupling, Volkswagen … João da Silva / BBC : VW launches $5.8bn tie-up with Tesla rival Rivian Edwin Lopez / Automotive Dive : Volkswagen, Rivian launch their $5.8B joint ventu...
The BBC, ITV, Channel 4, and Channel 5 agree to a deal with Amazon to put free streamer Freely, developed by joint venture Everyone TV, on Amazon's smart TVs
Agreement with US tech company is set to provide a boost to broadcasters' new platform Freely — BBC, ITV, Channel 4 and Channel 5 …
Sony Block Solutions Labs, a joint venture between Sony and Web3 developer Startale, launches Soneium, a Layer 2 blockchain for creators, developers, and more
Sony Group and Startale unveiled development of the Soneium blockchain to accelerate Web3 Innovation.
Honda, GM, and Cruise plan to set up a joint venture in H1 2024 to launch a driverless ride service in Japan in early 2026, using their Cruise Origin vehicles
Toyota and Pony.ai, which has robotaxi services in cities like Beijing and Guangzhou, launch a joint venture and plan to spend $140M+ to mass produce robotaxis
Qualcomm, NXP, Bosch, and Infineon form a German company to promote the open-source RISC-V chip architecture, initially targeting auto, and then mobile and IoT
one of Arm's biggest customers—starts a RISC-V joint venture Jon Gold / Network World : Chip makers team up to take on Arm with RISC-V Brad Linder / Liliputing : Qualcomm, NXP, Bosch, Infineon and Nor...