This week in AI saw mega-fundraising as well as states shifting their regulations to focus more on growth than risk mitigation. Meanwhile, financial service firms remain cautious on agentic AI as Google introduces its most power model yet: Gemini 2.5. Here’s what happened. OpenAI Snags...
Japanese tech investment firm SoftBank Group is reportedly planning to invest $1 trillion to build artificial intelligence (AI)-equipped factories in the United States. The factories will be located in industrial parks across the country and the robots with which they will be equipped will be...
OpenAI is reportedly close to finalizing what would be the largest funding round of all time. That $40 billion round is being led by Japanese conglomerate SoftBank, with other venture capital groups in talks to participate, Bloomberg News reported Wednesday (March 26), citing sources familiar with the matter. The...
British chip designer Arm Holdings is eyeing robust opportunities in AI as it strives to maintain its near-total monopoly in mobile devices. According to Arm Chief Commercial Officer Will Abbey, the company is going full steam ahead into powering artificial intelligence devices — and sees...
April 01, 2025
SoftBank is reportedly seeking up to $16.5 in financing for the so-called “Stargate” AI project. This bridge loan would be the Japanese conglomerate’s largest ever facility denominated in dollars, Bloomberg News reported Tuesday (April 1), citing sources familiar with the matter. The report notes that SoftBank is looking for financing as it tries to launch a $500 […]
March 28, 2025
Japanese tech investment firm SoftBank Group is reportedly planning to invest $1 trillion to build artificial intelligence (AI)-equipped factories in the United States. The factories will be located in industrial...
March 27, 2025
OpenAI is reportedly close to finalizing what would be the largest funding round of all time. That $40 billion round is being led by Japanese conglomerate SoftBank, with other venture capital groups...
November 27, 2024
SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. It’s part of an effort by SoftBank Group CEO Masayoshi Son to strengthen the company’s stake in OpenAI and position it as an...
