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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 ...
Between 1,600 and 2,000 jobs are expected at the former General Motors Lordstown plant following its $375 million sale to ...
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