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OpenAI and Softbank’s $500 Billion Data Center Project Is Already Stumbling
The Wall Street Journal reported today that OpenAI and Softbank have not been able to agree on key issues regarding the partnership, including where to build the new sites. The group is now aiming to open a single, smaller data center, likely in Ohio, by the end of the year, according to sources familiar with the matter.
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SoftBank and OpenAI say AI demand is unstoppableSon has announced that his connection with OpenAI is beyond being viewed as just business partners. He then unveiled the big visions that his company has for OpenAI. According to him, SoftBank plans ...
OpenAI CEO Sam Altman assured SoftBank's Masayoshi Son that AI demand will surge, necessitating increased computing capacity.
Klook, a travel and leisure booking platform, is exploring an initial public offering in the US that may raise as much as ...
SoftBank Group is trading at a massive discount to NAV, and we think tech investors should take it as a warning that perhaps the AI excitement has gone too far with respect to companies like ARM ...
Investors might want to bet on SoftBank Group Corp. Unsponsored ADR (SFTBY), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward ...
As a telecom and technology investment company, SoftBank Group represents a unique investment opportunity. The current portfolio is a mix of internet and technology investments with a stake in a ...
SoftBank Group Ekes Out Profit. The Japanese technology investor, best known for its $100 billion Vision Fund, reported net income attributable to owners of the parent of 29 billion yen. By .
The company's CEO has ambitious plans for AI agents, but many of the company's workers are sure to have concerns.
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