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Nvidia Stock Slips. SoftBank Deal Tells Us This About Its AI Chips.
Nvidia chips will be used in SoftBank's supercomputer. It's a sign of the company's dominance in advanced AI hardware.
SoftBank and Nvidia team up to create Blackwell-powered supercomputer
SoftBank Group Corp will become the first company to deploy NVIDIA Corp's (NASDAQ:NVDA, ETR:NVD) new Blackwell-based chips in building Japan's most advanced AI supercomputer. Designed by SoftBank's telecom division, the new device will power a broad range of local AI services using Nvidia's DGX B200 system, with a second phase planned to use the more advanced Grace Blackwell chip.
SoftBank's Masayoshi Son Shares His Vision for AI-Enabled Robots
SoftBank founder Masayoshi Son tells Nvidia CEO Jensen Huang that he wants to "bring AI intentions into robotics" so the "robot can talk, robot can have passions as a friend." The two executives spoke on stage at a summit in Tokyo on Wednesday.
Huang, Son Joke About SoftBank's Early Stake in Nvidia
At an AI summit in Tokyo on Wednesday, Jensen Huang and Masayoshi Son joked about how SoftBank was once Nvidia's largest shareholder before dumping its stake. The two billionaires are now joining forces on a Japanese supercomputer.
Nvidia and SoftBank pilot world's first AI and 5G telecom network
Leading chipmaker Nvidia and SoftBank Corp , the telecommunications arm of SoftBank Group , have piloted the world's first artificial intelligence and 5G telecoms network, the two companies said on Wednesday.
SoftBank Group Corp. (SFTBY) Q2 2024 Earnings Call Transcript
SoftBank Group Corp. (OTCPK:SFTBY) Q2 2024 Earnings Call Transcript November 12, 2024 2:30 AM ET Company Participants Yoshimitsu Goto - Board Director & CFO Navneet Govil - CFO, SB Investment Advisors and SB Global Advisors Ian Thornton - IR Vice President, Arm Conference Call Participants Min Jeong Lee - Bloomberg Minoru Satake - Nikkei Newspaper Operator Thank you very much for waiting everyone. Now we would like to start the SoftBank Group Corp. Earnings Results Announcement for Six Month Period Ended September 30, 2024.
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year. Gains in its tech bets come as it prepares to invest further in AI and eyes future IPOs.
SoftBank's Masayoshi Son: AI will become ‘super wisdom' for the happiness of all humanity
In gunmetal grey jacket and a Jobs-esque black turtleneck, Masayoshi Son has a heartening message for the world.
SoftBank investors unimpressed by Q3 outperformance
There was a collective 'meh' from investors in SoftBank Group Corp after it reported its largest quarterly profit in two years as the share price drifted 1% lower in Tokyo trading. The tech incubator's performance was driven by successful IPOs from Indian startups, which boosted its Vision Fund.
SoftBank Vision Fund posts $3.96 billion quarterly gain: what drove the surge?
SoftBank Group reported a robust 608.5 billion yen ($3.96 billion) gain on its Vision Fund investments in the fiscal second quarter, marking a significant upswing after returning to profitability in the prior quarter.
SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.
SoftBank back to quarterly profit with $7.7 billion gain
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
