SoftBank’s CEO isn’t the only one with questions about Elon Musk’s orbital data center hype
Not everyone is buying Elon Musk’s vision for orbital data centers.
Softbank
SoftBank says it will invest up to €75 billion to build French data centers
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
Arm is releasing the first in-house chip in its 35-year history
Arm is producing its own CPU for the first time. It developed the CPU with Meta, which is also the chip’s first customer.
OpenAI raises $110B in one of the largest private funding rounds in history
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.
SoftBank to spend an eye-popping $33B to build huge U.S. gas power plant
If completed, the project would be among the largest and most expensive natural gas power plants.
Indian vibe-coding startup Emergent raises $70M at $300M valuation from SoftBank, Khosla Ventures
The funding comes as the startup claims it has scaled ARR to $50 million, and is targeting $100 million by April 2026.