SoftBank Group will lay off nearly 20 per cent of its Vision Fund team globally as it shifts resources to founder Masayoshi ...

SoftBank will cut nearly 20 per cent of Vision Fund staff worldwide as it shifts focus to AI projects like the $500 billion ...

SoftBank has also been investing a lot of money into OpenAI. Vision Fund invested $9.7 billion into OpenAI through Vision Fund 2 (controls around $65.8 billion in assets overall). Son believes OpenAI ...

This comes amidst reports of the firm downsizing its operations and shedding assets to fund its bets in artificial ...

SoftBank’s plans to set up a joint venture with OpenAI to bring artificial intelligence services to corporate customers in ...

For most of the past decade, the cloud market looked like a three-horse race: Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. Oracle was an afterthought. Its market share hovered in the ...

The president and prime minister are expected to sign a “tech prosperity deal” bringing jobs and investment in AI and nuclear ...

The rumored OpenAI and NVIDIA UK AI project is official, with the creation of Stargate UK bringing OpenAI's tech for ...

OpenAI has announced Stargate UK, a sovereign AI infrastructure initiative developed in partnership with NVIDIA and Nscale.

OpenAI, Nvidia, and Nscale partnered for Stargate UK, pledging tens of billions of dollars in AI infrastructure to boost ...

Microsoft Corp., OpenAI and other American companies announced plans to spend tens of billions of dollars on technology infrastructure in the UK, part of a series of business deals that coincide with ...