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Intel Gains $2 Billion Investment From SoftBank to Revive US Chipmaking
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common stock. Lip-Bu Tan, Intel’s CEO, said in a statement that he “appreciate (s) the confidence (SoftBank) has placed in Intel with this investment.”
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...
SoftBank is advancing its R&D for RAN enhancement through a phased approach. In previous research using a Convolutional ...
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SoftBank’s $47B rally faces pause as charts signal overheated stock
SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up.
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Through an Ising machine, which combines a mixture of quantum and classical computing, SoftBank sought to calculate optimal settings on base stations supporting a 5G network – which resulted in a 10% ...
This was originally published in the Artificial Intelligencer newsletter, which is issued every Wednesday. Sign up here to ...
SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...
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