Intel, SoftBank
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Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in the US. The transaction was
Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure investment in the US.
Intel shares rose after SoftBank Group announced a $2 billion equity investment, while reports suggest the Trump administration is weighing a separate plan to a
SoftBank Group Corp.’s digital payment provider PayPay Corp. has confidentially filed a draft registration to debut on the US stock market in a deal that could mint Japan’s first $10 billion unicorn.
PayPay submitted the application on Aug. 14 to the U.S. Securities and Exchange Commission for listing on an unspecified exchange. Possibilities include the New York Stock Exchange and Nasdaq. SoftBank Group announced in May that it was preparing for an offering of shares in its payment service.
Investing.com -- Morgan Stanley lifted its price target on SoftBank Group Corp. (TYO:9984) to 15,000 Japanese yen from 8,000 yen, a move driven by a significant increase in AI-related assets and stronger market recognition of the company’s exposure to the theme.