Japan’s SoftBank to invest US$2 billion in Intel
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(Reuters) -SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on artificial intelligence and the chip industry. Below are major AI investments SoftBank has announced so far.
Though Trump recently called on Tan to resign, citing conflicts of interest, he appeared to change his opinion after meeting the Intel CEO in person. SoftBank is also set to play a major role in the $500-billion Stargate project to develop AI infrastructure in the U.S. with Oracle and OpenAI.
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NEW YORK] SoftBank Group agreed to buy US$2 billion of Intel stock, a surprise deal to shore up a struggling US name while boosting its own chip ambitions. Read more at The Business Times.
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, which has lagged behind in the chip race after being the erstwhile market leader,
If you want to leverage even an integrated GPU for AI you need memory, and Intel is following AMD's lead on Core Ultra and allowing you to choose how much you're using.
While Grove's focused boldness worked, Tan's way forward must be more nuanced, balancing boldness with humility while resisting the urge to “fix” everything at once.