Intel, SoftBank
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Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment in Intel, saying the deal reflected its belief that chip manufacturing and supply would expand further in the U.
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SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.
SoftBank is piling into the generative AI gold rush following years of losses. In 2023, SoftBank reported net losses of 227 billion yen, or $1.46 billion, for the fiscal year ending in March.
SoftBank is investing $2 billion into Intel, a move aimed at strengthening the chipmaker’s resources as it navigates competition and tech innovation.
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