$SOBKY News
Last published 1mo ago
- 1mo agoCRWVJPMUS10YORCL+8Debt-hungry AI companies face increased risk as bond yields spikeCNBCThe AI infrastructure buildout shows no sign of slowing, but the surge in Treasury yields means it's at least going to cost more.
- 8mo agoAMZNSOBKYMSFTGOOGL+5How Amazon's massive stake in OpenAI could boost its AI and cloud businessesCNBCThe deal could ease some of Wall Street's fears about Amazon's monster $200 billion capex spending, and accelerate its development of AI tools.
- 8mo agoAMZNNVDASOBKYGOOGLOpenAI closes $110 billion funding round with backing from Amazon, Nvidia, SoftbankCNBCOpenAI's latest funding round is even bigger than its prior financing, which was a record amount for private tech companies.
- 8mo agoINTCNVDACSCOMETA+3Intel partners with AI chip startup SambaNova after acquisition talks reportedly failedCNBCIntel CEO Lip-Bu Tan first invested in SambaNova in 2017. Now the chipmaker he runs is putting more capital behind the startup.
- 1y agoNVDAORCLSOBKYCRWV+1A look at OpenAI's tangled web of dealmakingCNBCOpenAI's Sam Altman has put himself in the center of the tech universe through a series of mammoth deals.
- 1y agoMSFTGOOGLNVOCRM+3Anthropic to triple international workforce in global AI pushCNBCAnthropic is accelerating its global enterprise expansion, tripling its international headcount and pushing deployment of Claude’s AI models across industries.
- 1y agoPANWCSCOCYBRGOOGL+6Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yetCNBCPalo Alto Networks' market cap has increased sixfold since Nikesh Arora joined as CEO in 2018, but not all investors are sold on his latest deal.
- 1y agoSOBKYCSCONVDAORCLOpenAI, Oracle, NVIDIA, SoftBank Group and Cisco partner for Stargate UAE AI campusCNBCTechnology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Arab Emirates.
- 3y agoWESOBKYWeWork warns of remaining 'going concern' and says bankruptcy is possibleCNBCWith losses mounting and cash dwindling, WeWork said in a filing that there's doubt about its potential as a "going concern."
- 3y agoSOBKYSoftBank prepares new round of layoffs at Vision Fund, Reuters reportsCNBCIf finalized, this would follow the elimination of about 150 jobs globally at the investing arm and SoftBank Group International in September.
- 4y agoDPW-FFHDSOBKYDelivery trucks have a dirty secret. And there’s no easy fix in sightCNBCTrucks travel with no cargo at all for billions of miles — with a significant financial and environmental cost for shippers and carriers.
- 4y agoSOBKYTYO:9434SOFTBANK AND ALTAEROS LAUNCH WORLD'S FIRST AUTONOMOUS AEROSTATPR NewswireAltaeros' ST-Flex is a rapidly deployable autonomous aerostat HOKKAIDO SPACEPORT, TAIKI TOWN, HOKKAIDO, Japan, June 22, 2022 /PRNewswire/ -- SoftBank Corp. ("SoftBank"), Japan's leading mobile carrier, completed initial testing of Altaeros' ST-Flex™
- 4y agoSOBKYNVDASoftBank plans to take Arm public after Nvidia's $66 billion takeover deal collapsesCNBCThe deal was originally announced in 2020 and had a value at the time of $40 billion in Nvidia stock and cash, before Nvidia's stock rose.
- 4y agoSOBKYGOOGLSoftBank-backed Cybereason reportedly files confidential paperwork to go publicCNBCCybereason, a cybersecurity company backed by SoftBank and Alphabet, has confidentially filed for a stock market listing in the U.S., according to Reuters.
- 4y agoSOBKYWESoftbank COO Marcelo Claure, right-hand man to Masa Son, is leaving the company — sourcesCNBCSoftBank COO Marcelo Claure, who helped run Sprint and rehabilitate WeWork for SoftBank CEO Masayoshi Son, is leaving the company today, sources say.
- 4y agoWMTSOBKYACIAMZNWalmart makes an investment in vertical farming start-up PlentyCNBCThe big-box retailer will carry leafy greens from Plenty in all of its California stores later this year.
- 5y agoSOBKYTYO:9434Treasure Data Raises $234 Million Led by SoftBank Corp., Accelerating Growth and Beyond Marketing VisionPR NewswireMOUNTAIN VIEW, Calif., Nov. 3, 2021 /PRNewswire/ -- Treasure Data, the leading enterprise customer data platform (CDP), today announced it has secured $234 million in funding, becoming the largest-ever single funding round for a CDP. The investment is l
- 5y agoSOBKYAMZNROO-GBSoftBank is backing buy-now-pay-later firm Klarna in funding round that values it at over $40 billionCNBCEuropean fintech Klarna is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.
- 5y agoUBERSOBKYAMZNUber sells its self-driving unit to AuroraCNBCUber CEO Dara Khosrowshahi will join the company's board, and the ridesharing giant will also invest $400 million into the company
- 5y agoCALSOBKYBABAFanatics acquires WinCraft, a company that makes sports-themed merchandiseCNBCThe acquisition will increase Fanatics' presence with non-apparel sports merchandise.
- 5y agoCMCSASOBKYComcast to fold Comcast Ventures into corporate business division, focus on strategic investmentCNBCComcast is narrowing the focus of Comcast Ventures to only strategic investments in a move that's likely to lead to partner defections.
- 6y agoSOBKYTRMBBoston Dynamics' dog-like robot can recharge on its own and gains popularity in Covid eraCNBCOne of the world's most public robots, Boston Dynamic's 'Spot' is getting an upgrade during the pandemic, including a new arm and a self-charging station.
- 6y agoSOBKYACITSLASoftBank-backed Plenty to supply 430 Albertsons stores in CaliforniaCNBCThe partnership with Albertsons marks the vertical farming company's first major retail deal.