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Articles for SoftBank

SoftBank To Invest $500 Mn In OpenAI: Report

This funding round values the AI company, known for its groundbreaking ChatGPT technology, at approximately USD 150 billion, contingent on the successful restructuring of its corporate framework to remove existing profit caps for investors

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SoftBank Calls Off AI Chip Partnership With Intel, Turns To TSMC

Intel's failure to fulfil production objectives prompts SoftBank to look into fresh options with Taiwan's TSMC as it looks to compete with Nvidia in the AI chip industry

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