SoftBank has completed its US$40 billion investment in OpenAI
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related infrastructure Softbank has completed its US$40…
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TerraUSD creator Do Kwon sentenced to 15 years over US$40 billion crypto collapse
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated…
Google plans US$40 billion Texas data center investment amid AI boom
ALPHABET’S Google said on Friday (Nov 14) it would invest US$40 billion in three new data centers in Texas, as part of its push to expand capacity for artificial intelligence (AI)…
Google plans US$40 billion Texas data centre investment amid AI boom
ALPHABET’S Google will invest US$40 billion in three new data centres in Texas, as part of its push to expand capacity for artificial intelligence (AI) initiatives. The planned investment,…
Chipmaker Yangtze Memory weighs over US$40 billion China IPO next year: sources
Yangtze Memory Technologies is considering an initial public offering in mainland China at a valuation that could exceed US$40 billion, according to people familiar with the matter, in…
BlackRock’s GIP nears US$40 billion deal to buy Aligned Data Centers in bet on AI
Global Infrastructure Partners already owns Dallas-based data centre company CyrusOne with KKR BlackRock’s Global Infrastructure Partners (GIP) is in advanced talks to acquire Aligned Data…
Goldman lands US$40 billion mandate from Shell for pension assets
Goldman Sachs Group won a US$40 billion mandate from Shell to oversee pension assets for the energy company, in one of the biggest outsourced deals of its kind. Goldman Sachs Asset…
Bank of America to buy back US$40 billion of shares in new programme
The announcement follows buyback plans from some of the biggest US banks after they passed this year’s US Federal Reserve stress tests Bank of America announced a new US$40…
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT) reported on Friday (May 23). The data centre,…