Newsfeeds Archive - Spark Newswire

2 minute read

Qualcomm And Arm’s Legal Dispute Threatens New AI Laptop Shipments: Report

June 10, 12:46 PM

A two-year legal battle between Qualcomm and Arm Holdings could disrupt the launch of AI-powered PCs. Industry experts at Computex expressed concerns that the contract dispute might halt shipments of new laptops.

AMD

2 minute read

Elliott Management Reportedly Builds $2B Stake In Southwest Airlines, Plans To Push For Change

By Benzinga Neuro

June 9, 10:15 PM

Elliott Investment Management, an activist investor, has built a nearly $2 billion stake in Southwest Airlines, and is set to advocate for changes to enhance the airline's underperforming shares.

DAL

2 minute read

Elliott’s Bold Play: SoftBank’s AI Dreams Vs. Investor Demands

By Surbhi Jain

June 6, 8:39 AM

Elliott Investment Management demands $15B share buyback from SoftBank, questioning CEO Son's ability to learn from past mistakes and focus on AI.

ARM

1 minute read

SoftBank’s Billion-Dollar Bet: Switching From Startups To Semiconductors, AI

By Anusuya Lahiri

May 10, 11:55 AM

SoftBank is in talks to acquire semiconductor startup Graphcore and recently led a $1.05 billion funding round for Wayve Technologies.

AMD

2 minute read

Jeff Bezos-Backed Perplexity AI Is Now A Unicorn After Latest Fundraise: SoftBank’s Masayoshi Son, Nvidia ‘Doubled Down’ On Support

By Rounak Jain

April 24, 6:15 AM

Jeff Bezos-backed Perplexity AI has successfully secured a new funding round, which has more than doubled its valuation, making it a unicorn.

DTEGF

2 minute read

News
Tech

Race For AI Chipmaking: After Sam Altman, SoftBank’s Masayoshi Son Seeks $100B To Bankroll Chip Venture

By Rounak Jain

February 17, 3:54 AM

Masayoshi Son is planning to raise $100 billion for a new chip venture targeting the AI market, at a time when Sam Altman is seeking trillions for his chip ambitions.

ARM

2 minute read

Softbank-Backed Cohesity To Acquire Veritas Data Security Unit For $3B: Report

By Benzinga Neuro

February 8, 5:34 AM

Cohesity, a U.S.-based data security software company, is set to acquire the data protection business of Veritas, a subsidiary of Carlyle Group.

ARM

2 minute read

SoftBank-Backed Genetic Testing Invitae’s Descent from $7B Valuation to Near-Bankruptcy

By Vandana Singh

February 5, 2:23 PM

Invitae's financial challenges as it grapples with a $1.5 billion debt burden. Explore the company's strategic options amidst potential bankruptcy, asset shedding, and cost-cutting measures.

2 minute read

Altman’s Billion-dollar Vision: OpenAI’s CEO Aims For AI Chip Dominance

By Nabaparna Bhattacharya

January 20, 2:51 PM

OpenAI's CEO, Sam Altman, is seeking billions from global investors to revolutionize AI chip manufacturing.

INTC

2 minute read

What’s Next for Arm Holdings? Over 70 Engineers Gone in China as Global Strategy Shifts

By Anusuya Lahiri

December 18, 8:48 AM

Arm Holdings Plc (NASDAQ: ARM) recently let go of over 70 software engineers in China while it proposed relocating some of the roles outside the Asian nation.

ARM