OpenAI rejects Musk's takeover offer, says it was ‘not a bid at all'
OpenAI sent a short letter to Elon Musk's lawyer on Friday, rejecting the billionaire's acquisition offer. The "much-publicized 'bid' is in fact not a bid at all," William Savitt, the attorney for ...
Arm reportedly secures Meta as client for its first SoC
Arm could soon launch its first in-house SoC and has reportedly secured Meta as its first major client. More details here.
SoftBank reports new stakes in PacBio, Recursion Pharmaceuticals
SoftBank disclosed a 20.45M share position in PacBio (PACB) and 14.67M share position in Recursion Pharmaceuticals (RXRX) in a regulatory ...
Arm takes manufacturing into its own hands as it plans to sell chips
The chip designer, Arm, is reportedly competing with its own clients, which include major companies such as Qualcomm, to sell ...
Cleary Gottlieb M&A Veteran Takes Team of 3 to Korea’s Legal Leader Kim & Chang
Big Six Korean law firm Kim & Chang, with gross revenues of approximately $1 billion, has lured veteran mergers and ...
Eneos Aims to Raise as Much as $3 Billion Via Metals Unit IPO
TOKYO (Reuters) -JX Advanced Metals (JXAM), a wholly owned metals unit of Japan's Eneos Holdings, won approval to list its ...
Exclusive-Arm recruits from customers as it plans to sell its own chips
Arm supplies the crucial intellectual property that firms such as Apple and Nvidia license to create their own central ...
Elon Musk Offered to Buy OpenAI for an Absurd Amount of Money
Elon Musk, who co-founded OpenAI in 2015, has now offered to buy the nonprofit controlling the AI tech giant for nearly $100 ...
Izuma Networks Partners with SoftBank Corp. to Participate in NEDO's Post-5G Infrastructure Development Project
Izuma Networks is proud to announce its participation in the "Hyper-Distributed Computing Technology Development" project, ...
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Japan’s Toyota, Mitsubishi, Softbank Ban Use Of DeepSeek Chatbot
MOSCOW, Feb 12 (Bernama-RIA Novosti/Sputnik) -- Japanese companies Toyota Motor, Mitsubishi Heavy Industries and SoftBank ...
Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments.
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.