Intel, SoftBank
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Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment in Intel, saying the deal reflected its belief that chip manufacturing and supply would expand further in the U.
SoftBank’s $2B Intel investment boosts stock momentum. Technical analysis targets a breakout above $27.55, with risks tied to broader tech sector weakness.
Beleaguered chip manufacturer Intel will receive a much-needed $2 billion capital injection from the Japanese venture capital giant, SoftBank Group, a move that signals the latter's increasing desire to attain a foothold in the bourgeoning semiconductor industry, reported Reuters on Tuesday.
Foxconn said on Monday it plans to manufacture data centre equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S.
Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure investment in the US.
Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank Group Corp. and Dragoneer Investment Group, in a deal that values the ChatGPT maker at $500 billion.
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Tom's Hardware on MSNSoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant
Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.