News

OpenAI staffers to sell $6 billion in stock to SoftBank, other investors

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes ...

Intel stock surges 10% as SoftBank takes $2 billion stake in ailing chip company

Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...

SoftBank Group Shares Extend Slide as US Tech Slump Weighs

SoftBank Group Corp. shares fell for a second day, following a sharp selloff in US technology shares and as concerns over its ...

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

SoftBank and Trump may not be enough to save Intel

Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...
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Quantum Computing News: SoftBank Invests $2B in Intel, Microsoft Plans Quantum-Safe Future, Research Team Advances Quantum Portfolio Tools

Welcome to another weekly update on quantum computing. The sector continues to advance, with notable progress in finance, security, and hardware research. SoftBank Group (SFTBY) made a major ...

SoftBank’s $47 Billion AI-Led Stock Rally Is at Risk of Stalling

SoftBank Group Corp. shares look to have limited upside after the rally this month that added more than ¥7 trillion ($47 billion) to an all-time high Monday.