SoftBank’s OpenAI Bet Is Becoming An AI Infrastructure Story
The final Vision Fund 2 payment highlights how frontier-AI investment increasingly depends on large-scale capital markets, infrastructure and computing commitments.
Tag: Softbank
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SoftBank seeks another $10 billion loan to fund OpenAI investment
New Delhi: SoftBank Group is looking to raise another $10 billion loan as it works to fund its growing investment in OpenAI, according to a reports. It reflects the extent...
OpenAI expands AI infrastructure with massive Ohio data centre deal
New Delhi: In response to the ramp up in AI computing power needed to power its AI services, OpenAI is working to lease a large new AI data centre in...
Nvidia to invest $1.5 Billion in SB Energy as part...
New Delhi: Nvidia is spending $1.5 billion on SB Energy, a SoftBank-backed company that is building an AI data center in Ohio for OpenAI. The deal is part of a...
Gautam Adani becomes Asia’s Richest Person again, surpasses Mukesh Ambani
New Delhi: Gautam Adani, Chairman of Adani Group, has once again emerged as the Asia’s richest person. Adani is now worth $89.2 billion, by placing him above India’s Reliance Industries...
8 most anticipated IPOs in history, and how they’ve fared...
With the world’s hopes and aspirations squarely on the public issues for OpenAI, SpaceX and Anthropic, the global markets have seen similar instances where highly successful companies or those with...
7 Companies riding on the AI wave
The AI wave has spared no one. For those who have been highly involved in it from the beginning have seen them become rising stars and darlings of the stock...
SoftBank surpasses Toyota to claim title of Japan’s most valuable...
New Delhi: Japan’s SoftBank Group Corp. has jumped ahead of Toyota Motor Corp. to become the country’s largest by market value, as investors switch their money from traditional industries to...
Intel-AMD Partnership reports get short response from AMD
New Delhi: AMD has recently responded to the report, which claimed that the company is in early discussions with the rival chipmaker Intel to manufacture chips for AMD’s products within...
OpenAI Valuation Hits $500B: Investors Go Wild
Mumbai: OpenAI just did what everyone thought only Elon Musk could: dominate headlines and investors alike. The AI start-up is now worth $500 billion, officially outpacing SpaceX as the world’s...
