News

Intel, SoftBank Discussed a Sale. Now, a Cash Infusion Will Accelerate American AI.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Intel stock jumps 5% as SoftBank takes $2 billion stake in ailing chip company

Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...

OpenAI staffers to sell $6 billion in stock to SoftBank, other investors

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes ...

Foxconn to Operate SoftBank’s Stargate AI Server Site in Ohio

Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what’s in the running to ...

SoftBank and Trump may not be enough to save Intel

Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...

SoftBank's growing bets on AI and semiconductor assets

SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...

SoftBank Makes Surprise $2 Billion Bet on Intel’s AI Revival

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...