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The investment was the first tranche of Robocore’s Series D round, under which Foxconn will inject up to $30 million through 2027.
SoftBank has invested $2B in Intel via Tan as Japanese conglomerate shows confidence in CEO's turnaround strategy for struggling chipmaker company.
MIT’s “GenAI Divide” report reveals only 5% of generative AI pilots succeed, highlighting why startups thrive while most ...
The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.
Some investors feel SoftBank shares may have overheated following a 135% rally in only four months. This month, the company’s ...
WARREN — Representatives of SoftBank are expected to meet with Trumbull County commissioners about the multi-million dollar Foxconn ...
WARREN — Representatives of SoftBank are expected to meet with Trumbull County commissioners about the multi-million dollar Foxconn project expected to bring up to 2,000 jobs to the Mahoning Valley, ...
WARREN, Ohio (WKBN) — Trumbull County commissioners are shedding some light on SoftBank’s plans for the plant in Lordstown.
Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...
Intel and SoftBank said Monday that the Japanese conglomerate will invest $2 billion in the struggling U.S. chipmaker.
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Japanese tech investor SoftBank Group Corp. plans to acquire a $2 billion stake in American chipmaker Intel Corp.