The investment would make SoftBank OpenAI's biggest financial backer
Reports began circulating this week that SoftBank is in talks to invest as much as $25 billion into OpenAI, a move that would position the Japanese operator as the generative AI (gen AI) company’s biggest...
In 2017, Google purchased of a portion of HTC's smartphone business for $1.1 billion
Google issued a brief announcement about its intent to acquire a portion of Taiwan-based HTC’s extended reality (XR) unit for $250 million. The latest deal is in addition to Google’s 2017...
The initial AI investment is expected to be $100 billion, but the White House noted it could end up being five times that amount
One of President Donald Trump’s first actions in his reclaimed role was the announcement of a joint venture (JV) investing up...
T-Mobile US will acquire Vistar Media for $600 million, just two years after purchasing rideshare ad-tech company Octopus Interactive
T-Mobile US will acquire digital out-of-home (OOH) advertising technology company Vistar Media in a $600 million deal that combines the telco’s customer insights and data with Vistar’s...
Why does Softbank sees US as a leader in Artificial Intelligence?
Softbank is one of the world’s largest, most important and powerful investment companies which plays in many spaces including wireless, Internet, AI, IoT and more. As a young man, Masayoshi Son started Softbank and...
The AI plan includes things like establishing a national data library and designated 'growth zones'
U.K. Prime Minister Keir Starmer detailed The AI Opportunities Action Plan, designed to bolster AI growth and development across the country. The plan, said Starner, will help Britain become "one...
While Microsoft is thinking on a global scale, the company's Vice Chair and President noted that more than half of this total investment will be in the U.S.
In a recent blog post, Microsoft Vice Chair and President Brad Smith revealed that the tech giant...
Every day we see companies, who in their advertising and marketing talk about how they are in the AI game. I have noticed how there are different kinds of companies who use AI in different ways. Today, there are at least three different and...
Xavier Niel’s investment firm already has a 29% stake in Millicom
French businessman Xavier Niel’s Atlas Investissement is looking to buyout Latin America-focused operator group Millicom, offering to purchase the shares it doesn’t already own in a deal valuing the carrier at roughly $4.1 billion.
Millicom,...
The vast majority of CSPs have digitally transformed the systems and automated many of the processes to support their B2C customers. Many are now turning their attention to transforming the systems that they use to support their B2B customers.
Here is where they find many...
The support package also includes approximately $732 million to support fabless chip companies in South Korea
South Korea announced this week $19 billion in funding for the nation’s semiconductor businesses with an emphasis on chip design and contract manufacturing. The move follows similar announcements coming...
Intel has chip plants in several countries including the U.S., China, Malaysia, Vietnam and Israel
According to reporting from The Wall Street Journal, Intel is in discussions with U.S. investment company Apollo Global Management for $11 billion in funding for a chip manufacturing plant in the...
Ericsson President and CEO Börje Ekholm said customer spending will increase in the second half of the year
Ericsson has beat forecasts for the first quarter of 2024, with operating profit — excluding restructuring charges — hitting approximately $394 million, despite a 15% sales drop....
Keysight has offered nearly $1.5 billion for Spirent
U.K.-based test and measurement company Spirent Communications is passing on Viavi Solutions’ previous $1.3 billion purchase proposal in favor of a higher bid from Keysight Technologies, and U.S.-based testing company. The new offer from Keysight includes a...
Vodafone Idea said it will take necessary action to allot ATC a total of 1.44 billion fully paid-up equity shares
Indian telecom operator Vodafone Idea said that tower company American Tower Corporation (ATC) has requested conversion of debentures worth INR4.4 billion ($173.5 million) into equity...
The WBA further found that 58% of respondents are more confident in investing in Wi-Fi than they were a year ago
A new Wireless Broadband Alliance (WBA) report reveals that Wi-Fi 6, 6E and 7 will be among the top technology priorities for network operators,...
Anthropic is considered a rival to ChatGPT creator OpenAI
Google has confirmed a recent $2 billion investment into Anthropic, a San Francisco-based generative AI startup, that is considered a serious rival to ChatGPT creator OpenAI. Details remain scarce; however, it has been reported that Google’s...
The collaboration will position Amazon Web Services as Anthropic’s primary cloud provider for mission critical workloads
Amazon said it will invest $4 billion in artificial intelligence (AI) startup Anthropic, taking a minority stake in the company, which has been an AWS customer since 2021.
The collaboration...
Zegona is also in talks with bank for the potential financing of the Vodafone Spain acquisition
U.K.-based investment firm Zegona Communications confirmed it is in discussions with U.K. telecom group Vodafone on a potential acquisition of the carrier’s Spanish business, Zegona Communications said in a...
Intel acquired IMS company in 2015
Intel has agreed to sell a 10% stake in its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing Co (TSMC) for roughly $4.3 billion. The deal, expected to close in the fourth quarter of this year, leaves Intel as the...
STC has purchased a 9.9% interest in Telefónica to further its growth ambitions outside of Saudi Arabia
Saudi Telecom Company (STC) has purchased a 9.9% interest in Telefónica for €2.1 billion ($2.25 billion) to further its growth ambitions outside of Saudi Arabia. The stake, said...
SK Telecom became the third largest shareholder in Persona AI
Korean operator SK Telecom said it acquired a stake in local AI assistant developer Persona AI, with the aim of collaborating on the launch of products designed to improve automated customer service facilities for enterprises.
SK...
Anthropic said it will work with SK Telecom to fine-tune its AI model Claude to specific telco use cases
Korean telco SK Telecom announced an additional investment of $100 million in Anthropic, an AI safety and research company based in San Francisco, California.
This new investment...
SoftBank already owns 75% of the chip company
SoftBank Group is reportedly in talks to purchase the remaining 25% of Arm it doesn’t already control directly from Vision Fund 1, a $100 billion investment fund that the chip company established in 2017. Reuters, which first...
