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The Latest Breaking News from SoftBank

UK risks tech ‘talent drain’ to US if pension funds fail to back sector

Co-founder of British chipmaker Graphcore, which has been bought by Japan’s SoftBank, issues warning

The Guardian - UK

Pound nears one-year high; Japan’s SoftBank buys UK chipmaker Graphcore – as it happened

Sterling boosted by UK growth data and weaker US inflation; Graphcore once touted as rival to Nvidia but has struggled to secure investment

The Guardian - UK

SoftBank's billionaire CEO says he was put on Earth to create artificial superintelligence that's 10,000 times smarter than a human—'I am super serious about it'

"For what purpose was Masa Son born? It may sound strange, but I think I was born to realize ASI," SoftBank's CEO said.

Fortune

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read the most diverse news in one place.

SoftBank’s Son aims to create ‘super’ AI in new investment drive

SoftBank Group Corp.’s big-talking founder Masayoshi Son is back, this time with plans to bring about an era of artificial super-intelligence.

Evening Standard

Imagine owning 5% of Nvidia but selling it all 5 years ago—tech investor rues over $150 billion slipping through his fingers as ‘fish that got away’

Softbank founder Masayoshi Son dumped his entire stake in Nvidia after a crypto downturn hurt sales to miners—now he wants to make good with a huge bet on artificial super intelligence.

Fortune

Deflated 'unicorn' CEO Adam Neumann retreats after judge kills his attempt to buy back WeWork, which he drove into the ground five years ago

A bankruptcy judge rejected Neumann’s bid to purchase the beleaguered co-working company.

Fortune

Arm owner SoftBank reports £1.2bn profit as it shifts towards AI

Tech investor led £800m funding round into UK self-driving car software company Wayve

The Guardian - UK

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Arm to develop AI processors — prototypes ready for spring 2025, says report

Arm is reportedly developing AI processors for Softbank, and its first designs are expected to emerge in 2025.

Tom’s Hardware

South Korea Vows To Protect Companies Amid Japan Dispute

South Korea supports Naver amid Japan's pressure on LY Corp. to reduce reliance. Discussions ongoing for potential share adjustments.

Top News

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TechRadar

Arm's bigger brethren? Founder of Softbank seeks $100bn war chest to build AI chip behemoth to rival Nvidia, Intel — but is it too little, too late?

Masayoshi Son, the founder of Softbank Group, wants to create a $100bn chip rival to Nvidia.

TechRadar

Tiny AI chip designer could become Arm's sibling - Softbank rumored to be interested in buying cash-strapped Graphcore with its IPU crown jewel likely to be the target

Graphcore is exploring a sale to buyers such as Arm, Softbank and OpenAI.

Tom’s Hardware

Graphcore reportedly explores sale: Arm, OpenAI, and Softbank named as rumored potential buyers

AI processor designer Graphcore could be acquired by Arm, OpenAI, or Softbank.

The Guardian - UK

Shares in chip designer Arm soar by more than 50% leaving it valued at $120bn

Chief executive, Rene Haas, says UK-based firm is benefiting from huge demand for AI-powered products and apps

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Fortune

CFOs weigh the risks and rewards when adopting AI

What are the investment requirements needed to give the green light for AI?

AnandTech

Intel Wins Appeal on VLSI Case, $2.18B Judgement Reversed

A U.S. appeals court on Monday overturned a 2021 patent infringement ruling against Intel that awarded patent holding company VLSI $2.18 billion over multiple patent violations. In a two-part decision, the court reversed a previous verdict that found that Intel violated a frequency management patent, while affirming the violation of…

The Guardian - UK

‘Like brushing my teeth’: how Michiru Aoyama writes, records and releases an album every day

For two years, the Kyoto musician has risen at five, watched football, then made an eight-track album of super-deep ambient music – while fitting in a two-hour walk. And 200,000 fans are listening

iMore

Apple's iPhone and Mac chip deal with Arm might be the bargain of the century

Apple pays less than you might expect for the technology behind those fast A17 Pro and M3 chips.

Fortune

The co-founders of now-shuttered IRL are suing its investors in the latest development of the startup’s saga

Just two years ago, the Gen Z-messaging app IRL was flying high with a $1.2 billion valuation.

Fortune

Former Googler Adrian Aoun raises $100 million for walk-in AI healthcare pods

Health tech startup Forward plans to roll out the CarePod in several US cities, backed by a fresh round of funding from Khosla Ventures, Founders Fund, Softbank, and Samsung Next.

The Independent UK

Japan's SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour

Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured

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