#+HashtagPLUS
In

Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
Post image 8
Post image 9
Post image 10
Post image 11
Post image 12
Post image 13
Post image 14
Post image 15
Post image 16
Post image 17
Post image 18
Post image 19
Post image 20
Post image 21
Post image 22
Post image 23
Post image 24
Post image 25
Post image 26
Post image 27
Post image 28
Post image 29
Post image 30
Post image 31
Post image 32
1 / 32
0

SoftBank to create and list AI firm Roze in U.S., Financial Times reports

The Japan Times·Edwin Chan·about 1 month ago
#yFYAh8Ql
#softbank#ai#datacenters#tech#iranwar#center
Reading 0:00
15s threshold

SoftBank Group CEO Masayoshi Son is driving a plan to establish a standalone artificial intelligence robotics and data center company in the United States, it was reported. | Bloomberg SoftBank plans to establish and float a standalone artificial intelligence robotics and data center company called Roze in the U.S., the Financial Times reported, citing unidentified people familiar with the matter. The Japanese investment firm aims to list Roze as soon as this year at a targeted valuation of $100 billion, the Financial Times reported. Founder Masayoshi Son is driving the effort, aimed at offsetting the tens of billions of dollars that his firm is committing in the AI sphere. Son’s envisioned spinoff would run up against growing concerns about the sustainability of a historic global data center buildout led by the likes of Meta Platforms and Amazon.com. SoftBank has placed a giant bet on OpenAI in particular, while trying to mold Arm Holdings into a potential competitor to Nvidia.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Create free accountLog in
Read More