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SoftBank Bets Big on AI With $16B Loan, But Can It Sustain the Risk?
SoftBank Group ($SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech ...
White House to host first Crypto summit
The White House is set to welcome professionals in the cryptocurrency industry on March 7 for a first-of-its-kind summit.
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Eye On AI: As SoftBank Piles Up Losses, It Doubles Down On AI
Last week as Elon Musk seemed to place his OpenAI offer on and off the table daily, something else OpenAI-related caught our ...
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OpenAI to move AI compute from Microsoft to SoftBank by 2030
OpenAI is reportedly planning to shift its compute needs away from Microsoft and instead rely on capacity provided by its Stargate partner SoftBank.
Current and Former Scale AI Contractors Allege Wage Theft in Letter to U.S. Senators
Scale’s former managing director will appear this week at a Senate confirmation hearing for the White House’s top science ...
SoftBank in talks to borrow $16 billion to fund AI: Report
Masayoshi Son’s SoftBank is in discussions to borrow $16 billion to invest in AI and could borrow another $8 billion early ...
Mark Cuban offers to fund government tech unit that was cut in the middle of the night
Billionaire investor Mark Cuban waded into the latest government tech shake-up on Saturday, offering support on the social ...
‘It Feels Like It’s Chaotic on Purpose’
Elon Musk’s Department of Government Efficiency laid off a team whose purpose was to make the government more efficient.