SoftBank

According to Graphcore's official website, the troubled British AI chip company has been acquired by SoftBank. According to the agreement, Graphcore will become a wholly-owned subsidiary of SoftBank and continue to operate under its current name. The two parties did not disclose the specific transaction value. Graphcore was founded in Bristol, a city in southwest England in 2016, and has launched several generations of AI workload accelerators called Intelligence Processing Unit (IPU for short). Graphcore was once regarded as "…

According to Reuters today, starting from Tuesday local time, Wall Street began to be optimistic about Tempus AI, a genetic testing company supported by SoftBank. The company has an AI-driven clinical and molecular database and is believed to bring more powerful diagnostic and testing tools. Tempus AI is headquartered in Chicago, USA, and sells genomic diagnostic testing products to clinicians and hospital systems, covering oncology, psychiatry, radiology and cardiology. Seven brokerages including JPMorgan Chase, Morgan Stanley, Bank of America Global Research and Stifel gave the first...

According to people familiar with the matter, Japanese technology investment giant SoftBank Group is seeking financing for an AI-related investment plan of up to $10 billion. This large-scale investment is mainly aimed at the energy sector, reflecting the profound impact of the current artificial intelligence (AI) boom on traditional industries. After nearly a year of silence, SoftBank CEO Masayoshi Son has recently become active in the public eye again. He expressed great enthusiasm for the future development of AI and elaborated on the grand plan to make SoftBank a leader in the field of AI. Masayoshi Son even boldly predicted that in the next 10 years, artificial super intelligence (ASI) that is 10,000 times smarter than humans will appear...

SoftBank Group has partnered with Tempus AI to form a new joint venture that aims to use artificial intelligence (AI) to analyze personal medical data and provide treatment recommendations. SoftBank Group CEO Masayoshi Son announced the news at a press conference in Tokyo. This is the latest move by SoftBank after announcing a series of artificial intelligence investments, marking a step-up in SoftBank's investment pace after several years of sluggish investment activity. SoftBank invested about $200 million in Tempus' G round of financing in April this year, and Tempus subsequently went public on the Nasdaq in June. Tempus…

SoftBank Group founder Masayoshi Son told shareholders at his annual meeting today that he plans to usher in an era of "super artificial intelligence," according to Bloomberg. Son outlined his ambition to create artificial intelligence that is "thousands of times smarter than humans." He said Arm's chips will support an ecosystem of robots and powerful data centers that can work together to treat cancer, clean homes, and play with children. Son got emotional several times at today's meeting and said he wanted to "change the world" before he leaves the world forever. He talked about his old friend Steve Jobs, "…

Japan's SoftBank announced today that it has reached a strategic partnership with AI startup Perplexity, and will open a one-year free trial of Perplexity Pro to users of the three major brands of Softbank, Y-Mobile and LINEMO on June 19. According to reports, Perplexity Pro is a paid subscription version of the AI search engine Perplexity, which provides more professional search times, self-selected AI models, limited upload and analysis of files, etc. The one-year subscription is worth 2…

SoftBank plans to invest $9 billion (currently about 65.34 billion yuan) in AI projects to accelerate its "most radical" transformation yet, the Financial Times reported on Sunday. SoftBank is still "reserving firepower" for bigger deals, and the company's founder and CEO Masayoshi Son has been emphasizing his belief in artificial intelligence and the need to "reshape the company." In the past 12 months since Son announced that SoftBank was ready to "launch a counterattack," SoftBank's investment and commitments have more than doubled compared to previous years to $8.9 billion (currently...

SoftBank plans to launch its own AI chip in 2025 and invest $64 billion (10 billion yen) in AI chips, robots, data centers and other fields. According to the Nikkei, SoftBank's subsidiary Arm, known for its smartphone chip design, will establish its own AI chip division. Source Note: Image generated by AI, image licensing service provider Midjourney expects to launch a prototype in spring 2025 and mass-produce it by contract manufacturers. Arm will initially bear hundreds of billions of yen in development costs and receive SoftBank's...

SoftBank Group founder Masayoshi Son plans to raise $100 billion (about 721 billion yuan) to set up an AI chip company, according to Bloomberg. Son hopes the company will complement ARM HOLDINGS PLC. Son named the AI chip company project "Izanagi" and he will directly lead the project. Izanagi is the god of creation and life in Japanese mythology. People familiar with the matter revealed that Son used this name in part because it contains the initials of general artificial intelligence (AGI). Project funding…