SoftBank to Invest $3 Billion in Ohio Plant for OpenAI Data Center Hardware
SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
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SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
Elon Musk announced a 500-megawatt xAI data center in Saudi Arabia, built with HUMAIN AI and powered by Nvidia chips, expanding the company’s global compute footprint.
Adobe will buy Semrush for $1.9 billion, expanding its AI marketing capabilities with GEO and SEO tools to enhance brand visibility across digital channels.
The European Commission has proposed easing key GDPR and AI Act rules, allowing broader data use for AI training and delaying high-risk AI requirements.
Microsoft has launched Agent 365, a new enterprise tool that lets IT teams monitor, provision, and control AI agents across corporate systems, regardless of vendor—tightening security and governance as AI automations proliferate.
Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
Tokyo-based Sakana AI closed a ¥20 billion ($135M) Series B round, valuing the startup at $2.65 billion. The company builds generative AI models optimized for Japanese language, culture, and enterprise needs.
Oracle’s bonds are under pressure after reports indicated the company may take on an additional $38 billion in debt to expand its AI and cloud infrastructure, raising concerns among investors.
Reports that Elon Musk’s AI company xAI raised $15 billion have been disputed by Musk. The funding news highlights the challenges and scrutiny facing his AI ventures, including data center emissions and controversial AI...
Tencent posted 15% year-on-year revenue growth in Q3 2025, driven by AI-enhanced advertising, gaming expansion, and stronger cloud services, surpassing analyst expectations.
WisdomAI, the AI analytics startup founded by Rubrik co-founder Soham Mazumdar, has raised a $50 million Series A led by Kleiner Perkins with Nvidia’s NVentures joining in. The startup says its AI system eliminates...
AMD CEO Lisa Su dismissed fears of an AI spending bubble, saying Big Tech’s aggressive investments in computing infrastructure are essential to accelerating innovation and long-term growth.