With an Intel recovery underway, all eyes turn to its foundry business
Intel added $20 billion to its balance sheet in Q3 but didn’t offer many details on the progress of its floundering foundry business.
Softbank
SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit
SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.
OpenAI is building five new Stargate data centers with Oracle and SoftBank
OpenAI is continuing to build out massive AI data centers to train and serve increasingly powerful AI models.
SoftBank makes $2B investment in Intel
Softbank will pay $23 per share for Intel common stock.
SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers.