News

SoftBank Makes Surprise $2 Billion Bet on Intel’s AI Revival

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...

Factbox-SoftBank's growing bets on AI and semiconductor assets

Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...
RCR Wireless News2d

SoftBank buys Ohio plant for AI push

Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure ...
WFMJ2d

UPDATE: SoftBank, Foxconn to manufacture AI data center equipment in Lordstown in new partnership

Foxconn, in partnership with Japanese-owned SoftBank, will be building AI data center equipment within the former Lordstown ...
Crain's Cleveland Business2d

Foxconn to operate SoftBank’s Stargate AI server site in Lordstown

Hon Hai Precision Industry Co. will operate a factory in Lordstown owned by SoftBank Group Corp., setting up what’s in the ...
The Japan Times2d

Foxconn to operate SoftBank’s Stargate AI server site in Ohio

SoftBank will supply manufacturing gear to the factory, and a joint venture between the two companies will make AI data ...
WFMJ1d

SoftBank invests in Intel amid delays to Ohio plant, Foxconn venture

A new partner to Foxconn's AI venture in Lordstown, Japanese investment firm SoftBank, has also announced a $2 billion ...

Trump administration vying to own a big stake in Intel after SoftBank's $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...