Tokyo: SoftBank Group’s stock rose as founder Masayoshi Son considers the creation of a $100 billion chip venture that would supply AI-enabling semiconductors. Shares in the Tokyo-based tech investor gained as much as 3.2% after Bloomberg News reported the 66-year-old billionaire is seeking funding for a foray into AI chips to compete with Nvidia Corp. … Read more
If one puts an infinite number of monkeys in front of (strongly built) typewriters and lets them clap away, writes Nassim Taleb in Fooled by Randomness, there is a certainty that one of them would come out with an exact version of the Iliad. That monkey then shows up at your door with his impressive … Read more
SoftBank CEO Masayoshi Son said on Thursday the sale of chip designer Arm to Nvidia Corp will drive growth in computing power, in his first public comments since the $40 billion (roughly Rs. 2,94,799 crores) deal was announced in September. Son made the comments at a virtual summit about artificial intelligence hosted by Saudi Arabia, an … Read more
Japan’s SoftBank Group said Monday it is selling British chip designer Arm to US chip company NVIDIA for up to $40 billion, potentially creating a new giant in the industry. If approved, the deal will be one of the largest acquisitions anywhere in the world this year, and will propel NVIDIA to the forefront of … Read more