SoftBank says it will invest up to €75 billion to build French data centers
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
Arm is producing its own CPU for the first time. It developed the CPU with Meta, which is also the chip’s first customer.
The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.
If completed, the project would be among the largest and most expensive natural gas power plants.
The funding comes as the startup claims it has scaled ARR to $50 million, and is targeting $100 million by April 2026.
Meesho had a good first day as a public company, with its shares climbing as much as 46% from its issue price as investors jumped to grab a piece of the company built around small merchants and value-conscious consumers.
Skild AI is developing a hardware-agnostic foundation model for robots that can be customized for various uses.