Tag: SoftBank Corp
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AI stocks slide after major CEOs unite to urge slowdown
Anthropic CEO Dario Amodei said the industry “must slow the pace at which we improve the capabilities of AI models,” amid growing concerns over risks from AI.
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Europe is still waiting for a trillion-dollar company. Here’s PitchBook’s frontrunner
“With average growth assumptions, Europe should see a significant number of trillion-dollar public companies emerge by the late 2030s,” the analysis firm said.
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Softbank’s SB Energy files for IPO, says it’s ‘substantially dependent’ on OpenAI
SB Energy hasn’t generated any revenue from its data center business, and none of its data centers are operational yet.
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U.S. judge ends graft case against Indian billionaire Gautam Adani
A U.S. federal judge has approved the Department of Justice’s decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.
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China is gaining ground in AI. But the U.S. still has a major advantage
Chinese AI companies have made recent leaps in closing the performance gap with U.S. frontier labs.
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SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat
SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.
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Shares of SK Hynix plunge 10% in Seoul as semiconductor selloff deepens
South Korean semiconductor shares tumbled on Tuesday, extending a rout in chipmakers after another weak session on Wall Street.
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Micron falls 5% in premarket, paring earlier gains amid tech rout
Micron Technology’s shares tumbled on Friday amid a global sell-off in technology stocks.
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Asia chip-linked shares recover after U.S. peers bounce back
In the U.S., chip stocks powered gains on Monday, helping the S&P 500 gain 0.3%, while the tech-heavy Nasdaq Composite advanced 0.86%.
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AI is designing OpenAI’s next model in a sign of ‘super intelligence’: SoftBank’s Masayoshi Son to CNBC
SoftBank CEO Masayoshi Son said his forecast of artificial super intelligence arriving in ten years was “conservative” and thinks it will be here sooner.
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