Nvidia announced on August 17 that it will invest $1.5 billion in SB Energy and provide credit support for the first 4.25 IT-gigawatts of the PORTS-Pike Technology Campus in Ohio, where OpenAI will be…
SoftBank is investing $200 million in Gravis Robotics' Series A round, the largest in construction robotics history, to scale its autonomous control kits for excavators and mixed fleets. The Zurich-ba…
Nvidia is negotiating a direct investment of up to $3 billion in SB Energy, the SoftBank subsidiary developing a 10-gigawatt AI data center campus in Pike County, Ohio, for OpenAI. The investment is s…
Nvidia has spent over $40 billion on equity stakes and supply-chain investments in companies that buy its chips, including $30 billion into OpenAI, $21 billion into SpaceX, and $30 billion into Intel,…
Nvidia is in talks to guarantee approximately $250 billion in financing for OpenAI's lease of SB Energy's planned 10-gigawatt data center in Ohio, part of the Stargate AI infrastructure initiative, ac…
The Biden administration's new 'Pax Silica' policy forces East Asian allies to choose between American and Chinese AI ecosystems, threatening Japanese conglomerates like SoftBank and NEC that rely on …
Taiwan Semiconductor Manufacturing Co. (TSMC) raised its 2026 revenue growth guidance to slightly more than 40%, citing relentless demand for advanced AI chips, and reported July 2026 sales of NT$467.…
Nvidia has scaled back its funding guarantee for a proposed OpenAI data center project in Ohio to less than $120 billion, down from the previously discussed $250 billion, the Wall Street Journal repor…
Nvidia has reduced its proposed financial guarantee for OpenAI's 10-gigawatt Ohio data center project from roughly $250 billion to below $120 billion, according to a report from Crypto Briefing. The r…
Sierra, an AI customer experience platform co-founded by Bret Taylor and Clay Bavor, is hiring a Software Engineer, Agent for its Tech, Media & Telecom team in San Francisco, CA. The role involves des…
Thrive Holdings, the enterprise-AI holding company spun out of Joshua Kushner's Thrive Capital, raised $2 billion at a reported $12 billion valuation from investors including SoftBank, D1 Capital Part…
Thrive Holdings, the holding company founded by Josh Kushner, raised $2 billion at a $12 billion valuation from SoftBank, D1 Capital Partners, and Altimeter Capital to acquire traditional service busi…
Thrive Holdings, an OpenAI-backed firm that acquires traditional businesses and integrates AI into their workflows, has raised $2 billion at a $12 billion valuation from investors including SoftBank, …
OpenAI completed a roughly $7 billion tender offer for employee shares at an implied $852 billion valuation, with the company itself buying the shares rather than outside investors, CNBC reported Mond…
Intel Corp. plans to raise $15 billion by selling new shares, a move made significantly cheaper by its 165% rally this year, which has reduced the number of shares needed by nearly 80% compared to the…
OpenAI completed a tender offer for roughly $7 billion of shares held by current and former employees, using its own money instead of outside investors, Bloomberg reported on August 10th. The transact…
OpenAI has filed confidential paperwork for an IPO and plans a separate employee share sale at the same $852 billion valuation it set in March, according to The Information, rather than a completed $7…
OpenAI has pledged to fully fund infrastructure costs, support new power generation, and limit water use in a letter to Texas Gov. Greg Abbott, responding to his August 3rd freeze on data center appro…
Skild AI, a Pittsburgh-based robotics startup founded in 2023 by Deepak Pathak and Abhinav Gupta, has raised over $2.2 billion in total funding, with a $1.4 billion Series C led by SoftBank and joined…
Nvidia and South Korea's SK Group announced a partnership valued at over $500 billion to develop large-scale AI data centers, including a two-gigawatt facility powered by Nvidia's Vera Rubin chips and…