Tag: billion investment,
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Nvidia, Meta deepen AI ties with $3 billion investment deal
Oct 27 : Nvidia and Meta said on Tuesday they would deepen their partnership on the Muse AI assistant and related AI models, with Nvidia investing $3 billion in the Facebook parent’s equity offering. Here are some details:• Meta’s Muse models and agents, which run on Nvidia infrastructure, will
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Black Hills plans $1.8 billion investment to power Google’s data center
Oct 6 : Black Hills Corp said on Tuesday it signed agreements to power a proposed Google data center in Cheyenne, Wyoming, and plans to spend $1.8 billion from 2027 to 2029 on new generation capacity, as tech firms race to secure electricity for power-hungry AI data centers.• Black Hills said it will build
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SoftBank completes final phase of $30 billion investment in OpenAI
Oct 1 : SoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker’s last fundraising round.Here are some other details:• Earlier this year, OpenAI had secured $122 billion in commitments that valued the Sam Altman-led company
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Japan, US discussing chip factory construction as part of $550 billion investment talks, Nikkei reports
TOKYO, Sept 17 : Japan and the United States are in talks to build a semiconductor factory as part of their $550 billion investment agreement, the Nikkei business daily reported on Thursday. The project is expected to be worth 2 trillion yen to 3 trillion yen ($12.85 billion to $19.27 billion) and would be
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Seven & i agrees strategic partnership to bring in $1.9 billion investment
TOKYO, July 31 : Japan’s Seven & i Holdings has formed a strategic partnership with SoftBank Corp, PayPay and Sumitomo Mitsui Card, which will each invest 100 billion yen ($620 million) into the 7-Eleven operator, a filing showed on Friday. The total 300 billion yen investment comes after the 7-Eleven opera
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Blackstone plans $30 billion investment in Japan AI data centres, Nikkei reports
June 23 : Blackstone is planning to invest $30 billion in Japan’s AI data centers over the next three to five years, its president and chief operating officer Jonathan Gray told Nikkei in a recent interview, the business daily reported on Tuesday.The world’s largest alternative asset manager is in discussions
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UK, Japan set to agree $24 billion investment, tech partnerships
LONDON, June 13 : Britain and Japan are set to agree investment and technology partnerships worth more than £18 billion ($24 billion), expected to create tens of thousands of jobs, as Prime Minister Keir Starmer meets his Japanese counterpart Sanae Takaichi on Sunday.Here are some of the details as set out b
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