OpenAI has finished its latest funding round where it has raised $6.6 billion, bringing its valuation to a whopping $157 billion.
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SoftBank is investing $500 million in OpenAI's latest funding round where it is planning to raise a total of $6.5 billion.
SoftBank is allegedly looking to invest between $10 million and $20 million in the startup Perplexity AI. Sources said that no deal has yet been finalised, so we may see differences or no deal at all.
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The firm behind ChatGPT is just one company considering buying Graphcore, a struggling UK chipmaker focused on Intelligent Processing Units. IPUs could run generative AI much better than GPUs.
OpenAI's founder Sam Altman is working on a new AI initiative that would require investments of up to $7 trillion. Altman is in talks with investors including the UAE government and SoftBank.
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As expected, the UK-based chip designer Arm filed for its upcoming IPO with the NASDAQ stock market. When the stock begins trading, it will do so under the ticker symbol “ARM.”
SoftBank owned British chip maker ARM is planning to launch its IPO later this year. According to the latest report, ARM has interests from both Apple and Samsung to acquire shares in the company.
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The initial public stock offering is expected to raise between $8 billion to $10 billion for the chip designer, over a year after Arm's planned acquisition by NVIDIA was called off.
Yet another report has surfaced claiming that Nvidia's $40 billion acquisition of Arm has failed, and only an official announcement confirming the same is pending. It might happen later today.
Citing unnamed sources, a new report claims that Nvidia is considering dropping plans for its $40 billion Arm acquisition due to regulatory hurdles. Meanwhile, SoftBank is considering an Arm IPO.
Didi Chuxing has said it will de-list from the New York Stock Exchange and will instead list in Hong Kong. Chinese tech firms have faced pressure to take these measures from Chinese regulators.
Pepper - SoftBank Robotics' humanoid robot - will no longer be produced according to a report. Launched back in 2014, Pepper has seen weak demand which is why the company has decided to move past it.
Qualcomm has announced that it is partnering with over 35 companies worldwide to drive the growth of 5G mmWave, which will potentially allow users to download a 120-minute 4K UHD movie in 27 seconds.
Nvidia has announced that it is purchasing UK chipset designer Arm from Japanese conglomerate SoftBank in a deal valued at a whopping $40 billion. The transaction will be finalized in 18 months.
SoftBank, the Japanese conglomerate company, has confirmed that it's seeking a sale or float for chipset designer Arm. It has been reported that Nvidia is interested in acquiring the business.
A new report suggests that California-based GPU maker, Nvidia, is interested in the acquisition of Arm Holding from SoftBank. Nvidia reportedly has approached SoftBank, but nothing is concrete yet.
A report claims that Arm has increased the licensing fees by as much as four times in recent negotiations with its existing customers. The price hike could force many companies to look elsewhere.
SoftBank is mulling the partial or full sale of Arm Holdings to raise cash. The review is in its early stages but is being advised by Goldman Sachs and the plan is to sell up to $41 billion in assets.
As per an announcement made today, SoftBank-owned Yahoo! Japan - now known as Z Holdings Corporation - will soon be merged with LINE Corp., a subsidiary of NAVER, to form a new joint company.
Boston Dynamics has announced that it is going to sell and lease its robot dog, Spot. The firm only has a limited number so it wants customers who have interesting usage applications for Spot.
SoftBank's Vision Fund is believed to be preparing to invest as much as $1.5 billion in Singapore-based ride-hailing giant Grab as part of a broader effort to inject cash into Asian tech startups.
A new report claims SoftBank is planning to drop Huawei-built hardware from its 4G network and switch to Nokia and Ericsson products over the next few years. This follows Japan's ban on Chinese tech.
SoftBank reportedly wants to invest $500 million in Grab as part of the ride-hailing firm's latest funding that seeks to raise $1 billion. The deal is supposed to be finalized in a few weeks.
Light says the investment will allow the company to introduce its camera tech to other applications beyond smartphones such as security, robotics, automotive, aerial imaging, and more.
Baidu, China's Google, is set to launch a 14-seater bus in Chinese and Japanese cities. The Apolong was built by Baidu and bus-maker King Long and runs the open source Apollo software.
According to some sources, talks are in progress between Uber's Indian branch and its local competitor Ola Cabs, after a merger was called for by SoftBank, an investor common to both companies.
Looking towards the neural network and machine learning market, Arm has announced a new platform composed of two IP cores. Codenamed Project Trillium, it's set for an early preview in April.
SoftBank and a coalition of other companies looking to buy shares in Uber in exchange for a multi-billion dollar investment, are looking to buy shares on the cheap at around $33 each.
It's quite a challenge to balance a two-legged robot so it can stay still or walk properly but not only can Boston Dynamics' humanoid robot, Atlas, walk or jump but it can now also perform backflips.
Uber and SoftBank look to be on the verge of penning an investment deal. SoftBank is looking to invest up to $9 billion in the ride hailing firm. SoftBank said that no agreement has been made yet.
Sharp debuted a new handset that looks quite familiar. The Aquos R Compact features a 4.9-inch display with a refresh rate of 120hz. The smartphone will also come with Android 8.0 Oreo.
The board of Uber held their meeting yesterday to talk about the future of the company. Uber is now closer to taking a huge investment from SoftBank, and Kalanick's potential manoeuvres are lessened.
The fight between ex-Uber CEO, Travis Kalanick, and the board is continuing. On Tuesday, the board will seek to limit the power Kalanick has by removing his allies on the board and ending supervoting.
The third and fourth place cellular companies are again in negotiations to join forces to compete with Verizon and AT&T, and while talks appear serious, neither has gotten to the due diligence phase.
The robot manufactured by SoftBank has been given a small set of priest's robes, a tablet with which to chant its sutras from, and it apparently does everything needed to conduct a Buddhist funeral.
Japanese multinational SoftBank will be acquiring Alphabet's Boston Dynamics and SCHAFT robotics divisions. As of now, the terms of the agreement between Alphabet and SoftBank have not been disclosed.
SoftBank is continuing its efforts to become the largest investor in technology over the next decade. After acquiring ARM Holdings last year, it's believed to have taken a $4bn stake in Nvidia.
