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Intel, SoftBank Discussed a Sale. Now, a Cash Infusion Will Accelerate American AI.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

SoftBank buys Foxconn's Ohio plant to build AI servers for US data centers

Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...

Americans Fear AI Permanently Displacing Workers, Poll Finds

The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.
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As Funding To AI Startups Increases And Concentrates, Which Investors Have Led?

Big Tech and venture capital firms led the way in billion-dollar rounds going to AI companies in 2025, according to ...

Trump Pushes Putin-Zelenskiy Meeting, Softbank AI Bet, More

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, ...

SoftBank's $500B AI Moonshot Hits Speed Bump--But Son Isn't Slowing Down

Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...

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 ...