Arm unveils AGI CPU, its own AI chip, a departure from its traditional role as a designer of chips for others; Meta and OpenAI are early clients; ARM jumps 10%+
SoftBank-owned tech group projects fivefold revenue increase in five years — Meta and OpenAI will be among the first customers …
AI chip company Kandou AI raised $225M from SoftBank, Synopsys, and others at a $400M valuation after pivoting from consumer hardware to AI infrastructure
OpenAI says ChatGPT has 900M+ weekly active users, 50M+ consumer subscribers, and weekly Codex users have more than tripled since the start of the year to 1.6M
openai.com/index/scalin... …George Pearkes /@peark.es:OpenAI round from strategic partners. — $110bn raised, $730bn valuation. $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon. — More i...
How OpenAI scrambled for compute as Stargate stalled amid clashes with SoftBank; sources say OpenAI building its own data centers is not its near-term priority
When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged …
Samsung, TSMC, SoftBank, SK Hynix, and others closed as much as 10% down, matching their US peers, as investors worry over stretched AI and tech valuations
Shares in Japan's SoftBank Group closed 10% lower on Wednesday, amid a broader drop in AI-linked companies as investors turned wary …
OpenAI, Oracle, and SoftBank announce five new data center locations in the US, boosting Stargate's planned capacity to nearly 7 GW
The new sites will boost Stargate's planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.
SoftBank's shares plunged up to 9.2% on August 20, as tech stocks in Japan, South Korea, Taiwan, and Hong Kong fell after US tech stocks dropped overnight
Link: fortune.com/2025/08/18/m... Nash / @radiodeadair.com : This is the part where they're going to pretend every single one of us who were correct about “AI” for the past few years actually wasn't, ...
Inside the first Stargate AI data center, in Abilene, Texas: thousands working to build eight near-identical structures, startup Crusoe spending ~$12B, and more
OpenAI, Oracle and SoftBank hope that the site in Texas is the first of many across the US. — Trucks carrying concrete …
Sources: SoftBank's Masayoshi Son has recently become singularly obsessed with how to build the next Nvidia and wants competitive AI chips ready to ship by 2026
Bloomberg :
Co-CEO of SoftBank Vision Funds Alex Clavel says the VC is “looking very carefully” at generative AI firms, as SoftBank embraces a cautious investment approach
right at the start of a generative AI boom. https://www.bloomberg.com/... Amy Thomson / @athomson6 : SoftBank's Vision Fund, once known for splashy ten-figure valuations, now plans to start investing ...