BrainShit
Regular
This one let me thinking.... rival Nvidia.
SoftBank's Son (holds 90% stake in ARM) is seeking about $100 bln for AI chip venture that will rival Nvidia Corp.
SoftBank CFO Yoshimitsu Goto said earlier this month that Arm would soon be indispensable to AI and has previously called the chip designer "the core of the core" of SoftBank's group of companies.
Arm executives said earlier this month the company was seeing strong demand for its central processors to complement Nvidia's chips for AI work in data centers.
Link: https://www.reuters.com/technology/...ln-ai-chip-venture-bloomberg-news-2024-02-16/
Son envisions creating a company that can complement chip design unit Arm Holdings Plc and allow the billionaire to build an AI chip powerhouse, said the people, who requested anonymity because the discussions remain private. In one scenario being considered, SoftBank would provide $30 billion, with $70 billion possibly coming from institutions in the Middle East, one of the people said.
Link: https://www.msn.com/en-us/money/com...ild-a-100-billion-ai-chip-venture/ar-BB1ioZBg
What would Sam say about it?
Sam Altman hopes to âboost the worldâs chip-building capacity, expand its ability to power AI, among other things,â according to a Wall Street Journal report. Altman is in talks with the UAE government, SoftBank, and Taiwan Semiconductor Manufacturing Company (TSMC), among other investors, to raise the massive amount, the report said.
Conspirancy meetings ahead
SoftBank's Son (holds 90% stake in ARM) is seeking about $100 bln for AI chip venture that will rival Nvidia Corp.
SoftBank CFO Yoshimitsu Goto said earlier this month that Arm would soon be indispensable to AI and has previously called the chip designer "the core of the core" of SoftBank's group of companies.
Arm executives said earlier this month the company was seeing strong demand for its central processors to complement Nvidia's chips for AI work in data centers.
Link: https://www.reuters.com/technology/...ln-ai-chip-venture-bloomberg-news-2024-02-16/
Son envisions creating a company that can complement chip design unit Arm Holdings Plc and allow the billionaire to build an AI chip powerhouse, said the people, who requested anonymity because the discussions remain private. In one scenario being considered, SoftBank would provide $30 billion, with $70 billion possibly coming from institutions in the Middle East, one of the people said.
Link: https://www.msn.com/en-us/money/com...ild-a-100-billion-ai-chip-venture/ar-BB1ioZBg
What would Sam say about it?
Sam Altman hopes to âboost the worldâs chip-building capacity, expand its ability to power AI, among other things,â according to a Wall Street Journal report. Altman is in talks with the UAE government, SoftBank, and Taiwan Semiconductor Manufacturing Company (TSMC), among other investors, to raise the massive amount, the report said.
Conspirancy meetings ahead
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