Japan's industry ministry announced ¥387.3 billion in aid for a project led by Noetra to develop a domestic AI foundation model for controlling robots, aiming to catch up with the US and China. SoftBa…
Japan's Ministry of Economy, Trade and Industry announced JPY387.3 billion in funding for a five-year project to develop a domestic multimodal foundation model for physical AI controlling robots, led …
The European Union's Tech Sovereignty Package aims to triple data center capacity within five to seven years to reduce reliance on American cloud providers, but faces power and planning challenges. Ic…
SoftBank, OpenAI, and Oracle are converting a former auto plant in Lordstown, Ohio into an advanced AI data center as part of the Stargate initiative, which expanded with five new US sites targeting n…
OpenAI is considering delaying its initial public offering until 2027 to achieve a $1 trillion valuation, according to a Bloomberg report. The delay has caused SoftBank's shares to drop 13% and affect…
SoftBank CEO Masayoshi Son dismissed Elon Musk's vision for orbital data centers, arguing they won't cut costs quickly enough to matter in the AI race. On TechCrunch's Equity podcast, editors noted th…
OpenAI began a limited preview of its GPT-5.6 series, renamed Sol, Terra, and Luna after US government consultations, signaling tighter national security oversight of advanced AI. Meanwhile, China's 6…
The FTSE 100 fell 0.2% on Friday as technology stocks declined after a New York Times report that OpenAI may delay its initial public offering until 2027 due to concerns about market interest. The rep…
Brazilian startup Gabriel uses AI-powered cameras to scan license plates and share data with police, aiming to solve theft cases in São Paulo, Rio de Janeiro, and Belo Horizonte. Critics raise privacy…
OpenAI is reportedly delaying its IPO to 2027 because CEO Sam Altman insists on a $1 trillion valuation, rejecting any lower price. Advisors recommend the delay due to volatile tech markets and SpaceX…
Global tech stocks experienced extreme volatility this week, with AI-related shares swinging sharply amid concerns about high capital expenditure and rising chip costs. Apple's price hike on iPads and…
Wall Street triggered a massive selloff in tech stocks after Apple announced price hikes due to rising memory and storage chip costs, with Deutsche Bank warning of a 'memory supply crisis' as AI deman…
Apple raised prices on Mac, iPad, and home devices on June 25, citing unsustainable memory chip costs driven by AI demand, triggering a selloff in Asian technology stocks. Apple shares dropped up to 6…
SoftBank Group shares fell 12% on concerns that OpenAI's IPO timeline may be delayed, exposing the Japanese conglomerate's leveraged $60 billion bet on the AI company. The stock dropped 11% in early J…
SoftBank CEO Masayoshi Son dismissed fears of an AI bubble as 'blasphemy' during his company's annual general meeting, arguing that AI's potential is just beginning. SoftBank has invested over $64 bil…
Oracle cofounder Larry Ellison quietly donated about $45 million to a pro-Trump nonprofit during the 2024 campaign, according to The Wall Street Journal. Since then, Oracle has secured major governmen…
Palo Alto Networks CEO Nikesh Arora says 90% of enterprise employees lack AI skills, calling the current period a 'Darwinian moment' where workers must self-train or face replacement. Arora contrasts …
Hyundai Motor Group is considering swapping its US AI research arm for SoftBank's remaining 9.65% stake in Boston Dynamics, which would give Hyundai full ownership of the robotics company ahead of its…
Agility Robotics, a maker of humanoid robots for warehouses, announced a $2.5 billion merger with Churchill Capital Group to go public. The company's Digit robot is already deployed in warehouses, bac…
Humanoid robot startup Agility Robotics plans to go public via a SPAC merger at a $2.5 billion valuation, making it the first humanoid-focused company to list in the US. The deal, led by former Citigr…