SoftBank reportedly seeks to open AI data center next year - Breaking The News

SoftBank reportedly seeks to open AI data center next year

7 June

1 min read

EPA/KIYOSHI OTA

SoftBank Corp. is in talks with electronics manufacturer Sharp Corp. to buy a site for its artificial intelligence data center, Nikkei reported on Friday. If the negotiations are successful, SoftBank will own 60% of Sharp's land and facilities in Japan's Osaka prefecture, according to the report.

SoftBank plans to "equip the data center with high-performance chips and make it a large base that can be leased to outside companies and others that develop and operate AI," Nikkei wrote. It will reportedly buy graphics processing units from Nvidia Corp. to aid in generative AI development. The site is likely to start operations next year.

ai artificial intelligence sharp softbank

Related Stocks

SHARP

SOFTBANK GR.

Meta wanted Llama funding help from Amazon, Microsoft

4 hours ago

Meta Platforms contacted other technological giants, including Amazon and Microsoft, over the past year to ask them to help fund its artificial intelligence large language model Llama, The Information reported, citing four people familiar with the matter.According to the sources, Meta offered "incentives" such as allowing the backers to "influence Llama's feature development." It is unknown if the company had any success in this endeavor, as it was reported that...

Nvidia's Huang allegedly met DeepSeek founder

a day ago

Nvidia Corp. CEO Jensen Huang (pictured) met on Thursday with Liang Wenfeng, the founder of artificial intelligence company DeepSeek, the Financial Times reported. Huang arrived in Beijing earlier today for a visit with government officials. According to people familiar with the meeting, Huang and Liang discussed designing next-generation chips for China that "meet client needs and regulatory requirements from both the US and China sides."The report...

OpenAI and Softbank allegedly eye UK for AI project

17 April

OpenAI and SoftBank are considering a future investment in the United Kingdom as part of their $500 billion Stargate project, aimed at building data centers to support artificial intelligence, the Financial Times reported, citing sources familiar with the matter. While Stargate's initial phase will focus on US infrastructure, with construction underway in Texas and plans across 16 states, sources said international expansion is under review if the venture proves...

Powell calls AI a key driver of global economic change

16 April

Federal Reserve Chair Jerome Powell said in Chicago on Wednesday that artificial intelligence could significantly reshape the global economy over the next two decades. He noted that while AI's full impact remains uncertain, it is "one of the two or three things most likely to bring dramatic change to the economy all around the world in the next 20 years."Powell acknowledged long-standing fears about technology replacing jobs, but said past innovations have...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.