Arm

Twitter

Facebook

Copy Link

Key Facts

Founded1990

Key PeopleRene Haas

HeadquartersCambridge, UK

ProductsArm NPU

Top News

SoftBank Credit Outlook Downgraded After Doubling Down on OpenAI with $30 Billion Investment

S&P Global has lowered SoftBank's credit outlook from stable to negative following the Japanese investment firm's decision to pour an additional $30 billion into OpenAI. The ratings agency identifies OpenAI as one of SoftBank's investments with the weakest credit quality, raising concerns about portfolio liquidity and the company's loan-to-value ratio as AI bets intensify.

Business2 sources

SoftBank Credit Outlook Downgraded After Doubling Down on OpenAI with $30 Billion Investment

Business2 sources

SoftBank's AI investments deliver $1.62 billion profit as OpenAI stake drives turnaround

SoftBank Group swung back to profitability with $1.62 billion in net income for Q3, reversing a $369 billion yen loss from the previous year. The turnaround was driven primarily by a $4.2 billion gain from its OpenAI stake, part of $17 billion in total gains from the ChatGPT-maker. The technology investor sold its Nvidia position for $5.8 billion to deepen its focus on AI infrastructure and private AI platforms.

Business8 sources

SoftBank's AI investments deliver $1.62 billion profit as OpenAI stake drives turnaround

Business8 sources

Positron raises $230M Series B to challenge Nvidia with energy-efficient AI chips at $1B valuation

Semiconductor startup Positron has raised $230 million in Series B funding at over $1 billion valuation to accelerate development of energy-efficient AI chips. Backed by Qatar Investment Authority and Arm Holdings, the Reno-based company claims its upcoming Asimov chip will deliver five times more tokens per watt than Nvidia's Rubin GPU while offering six times more memory capacity for inference workloads.

Startups3 sources

Positron raises $230M Series B to challenge Nvidia with energy-efficient AI chips at $1B valuation

Startups3 sources

Prev 1 23Next