SoftBank in talks to borrow $16 billion to fund AI, The Information reports
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
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 giant plans to
Thousands of Nvidia (NVDA) Microchips to Be Used in New Oracle and OpenAI Data Center
Oracle (ORCL) and privately held OpenAI plan to fill their new U.S.-based data center with billions of dollars worth of Nvidia (NVDA)
GlobalData on MSN2d
OpenAI, Oracle to equip Texas data centre with Nvidia AI chips
The Abilene data centre is projected to house 64,000 of Nvidia’s GB200 superchips by the end of 2026, with the rollout occurring in phases.