Eneos Plans to Spin off Metals Subsidiary, Raise $3 Billion in IPO
The energy company plans to spin off its metals subsidiary and raise as much as $3 billion through a listing that would be ...
Asian markets mixed on Friday: Hang Seng outperforms with over 2% surge
Asian stock markets are trading mixed on Friday, balancing positive cues from Wall Street overnight with concerns about a ...
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SoftBank-backed Zeta’s Bhavin Turakhia on latest fundraise, profitability and more
Technology entrepreneurs Bhavin Turakhia and Ramki Gaddipati founded banking software-as-a-software provider Zeta in ...
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Bears circle SoftBank as DeepSeek clouds outlook for Stargate
DeepSeek’s low-cost AI model is begging the question of whether such massive spending on Stargate is even necessary.
Arm Takes On Its Own Customers — Poaches Talent, Competes With Qualcomm And Nvidia For AI And Data Center Chip Deals: Report
Arm is shifting from a neutral IP provider to a direct competitor, hiring from its own customers and challenging Qualcomm and ...
Oracle Billionaire Encourages World Leaders to Funnel All of Their Data to AI (and Maybe His Data Centers)
Larry Ellison, the billionaire founder of database behemoth Oracle, more and more resembles a villain out of a science ...
Report: Arm to build its own chips, and Meta is first in line to buy them
The U.K.-headquartered chip design company Arm Holdings Plc. is reportedly planning to launch its first-ever complete ...
Arm is launching its own chip this year with Meta as a customer
Arm, which is majorly owned by SoftBank, will start making its own chips now that Meta has signed on as a customer, according ...
Arm secures Meta as first customer for ambitious new chip project
Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first customers, in a major ...
Arm shares rise on report that Meta will buy its first chip
Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers.
Musk-led group offer for OpenAI is all-cash, letter of intent reveals
The unsolicited $97.4B bid by an Elon Musk-led group for generative artificial intelligence darling OpenAI will be entirely made up of cash, according to the letter of intent sent to OpenAI's board of ...