SoftBank is reportedly planning to launch a trillion-dollar AI and robotics industrial complex in Arizona, potentially partnering with TSMC. The project, called "Project Crystal Land," is still in early stages and follow...
Elon Musk's xAI is reportedly seeking $4.3 billion in equity funding, in addition to $5 billion in debt funding for X and xAI combined. The company has already spent much of its $6 billion December funding round due to t...
Saudi Arabia's state-owned AI company Humain is launching a $10 billion venture fund to invest in AI startups across the U.S., Europe, and Asia, while engaging with major firms like OpenAI and xAI. The company plans to b...
Amazon Web Services (AWS) has formed a strategic partnership with Humain, a Saudi Arabia-backed AI company launched by Mohammed bin Salman, to invest over $5 billion in building an "AI Zone" in Saudi Arabia. The partners...
OpenAI's Stargate data center project, which aims to raise up to $500 million for AI infrastructure globally, is experiencing delays due to tariff-related economic uncertainty. Investors including SoftBank are hesitant t...
OpenAI has announced a new initiative called "OpenAI for Countries" aimed at building local infrastructure to better serve international AI customers. The program involves partnering with governments to develop data cent...
Microsoft's CFO Amy Hood has cautioned that customers may face AI service disruptions as early as June due to demand outpacing available infrastructure. Despite committing $80 billion to data center investments this year...
Microsoft has reportedly halted or delayed data center development projects across multiple countries including the UK, Australia, and several US states. Despite previously announcing plans to allocate over $80 billion t...
OpenAI has closed one of the largest private funding rounds in history, raising $40 billion at a $300 billion post-money valuation, led by SoftBank with participation from Microsoft and other previous investors. Accordin...
SoftBank Group is acquiring Ampere Computing, a semiconductor designer specializing in ARM-based server chips, for $6.5 billion in an all-cash deal. This acquisition follows SoftBank's series of AI-focused investments, i...
