News

OpenAI staffers to sell $6 billion in stock to SoftBank, other investors

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes ...

Intel stock surges 10% as SoftBank takes $2 billion stake in ailing chip company

Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...

SoftBank Group Shares Extend Slide as US Tech Slump Weighs

SoftBank Group Corp. shares fell for a second day, following a sharp selloff in US technology shares and as concerns over its ...

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

Foxconn to Operate SoftBank’s Stargate AI Server Site in Ohio

Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what’s in the running to ...

Intel discusses equity boost at discount with other large investors: report

Intel (INTC), reportedly, is in discussions with other large investors to get an equity infusion at a discounted price.