SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho heads for India’s first big e-commerce IPO next week.
Softbank
SoftBank’s Nvidia sale rattles market, raises questions
Wall Street can’t help but wonder: does Son see something right now that others do not?
The circular money problem at the heart of AI’s biggest deals
SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether AI’s biggest deals are creating real economic value or just moving money in circles. […]
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 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.