ABB to sell Robotics division to SoftBank for $5.4 billion October 08, 2025 ABB has signed an agreement to sell its Robotics division to Japan’s SoftBank Group for an enterprise value of USD 5.375 billion, ending its earlier plan to spin off the business into a separate listed company.
Intel and AMD in early talks on potential foundry collaboration October 02, 2025 According to a report from Semafor, later cited by Reuters, Intel has entered preliminary talks with AMD regarding a potential foundry partnership. Sources familiar with the matter emphasise that the discussions are still at an early stage and no outcome has been decided.
OpenAI, Oracle, and SoftBank expand Stargate with five new AI data centre sites September 26, 2025 OpenAI, Oracle, and SoftBank are expanding their joint AI infrastructure initiative, Stargate, with five new US data centre sites. The expansion brings the project’s planned capacity to nearly 7 gigawatts and over USD 400 billion in committed investment, moving the partners ahead of schedule toward their USD 500 billion, 10-gigawatt target set for the end of 2025.
SoftBank to invest USD 2 billion in Intel August 19, 2025 Japanese SoftBank Group and US chip manufacturer Intel Corporation have entered into a definitive securities purchase agreement under which SoftBank will invest USD 2 billion in Intel common stock.
OpenAI raises record $40 billion in SoftBank-led round April 01, 2025 SoftBank said it would fund OpenAI with USD 10 billion in mid-April and another USD 30 billion in December, subject to the AI firm transitioning to for-profit by the end of the year.
SoftBank to acquire US chip designer Ampere in $6.5B deal March 20, 2025 Carlyle Group and Oracle will sell their stakes in Ampere, which will operate as a wholly owned subsidiary of Japanese conglomerate SoftBank and keep its headquarters in Santa Clara, California.
CCI clears ONGPL’s proposal to acquire Ayana for $2.3B March 12, 2025 This is the second mega deal in India’s renewable energy sector after Adani Green Energy acquired SB Energy India from SoftBank Group and Bharti in an all-cash deal worth USD 3.5 billion in 2021.
Trump slams CHIPS act in congress – credits tariffs for investments March 05, 2025 In an address to Congress on Tuesday, US President Donald Trump called the CHIPS Act a “horrible, horrible thing” and credited his administration's economic policies for a surge in domestic investment.
Stargate on the Seine: Macron unveils $113B AI investment February 10, 2025 The French president said the initiative was similar to Trump’s Stargate announcement. For France, financial commitments have come from the UAE, investment funds, and companies like Iliad and Thales.
SoftBank nears deal to acquire chip firm Ampere February 06, 2025 The deal under discussion could be valued at USD 6.5 billion, including debt, and an announcement in this regard is possible in the next few weeks, according to Bloomberg.
iPhone 16 will use ‘Arm’s next-gen AI chip technology’ September 09, 2024 Arm, a US-listed company, has a multiyear licensing agreement with Apple.
India’s Ola launches 3 electric ‘Roadster’ motorcycles August 16, 2024 The Indian electric-scooter maker also announced it would integrate its battery cells into its own vehicles starting Q1 FY2026.
Ola Electric surges in India’s biggest IPO of the year August 09, 2024 But the country's largest electric-scooter maker hasn’t turned a profit yet, reporting a net loss of ₹16 billion ($200.5 million) in its last financial year.
SoftBank completes purchase of AI chip designer Graphcore July 12, 2024 Japanese investment entity SoftBank Group has finalised its acquisition of Graphcore, a UK-based designer of AI chips.
Softbank to buy Sharp's Osaka facility June 10, 2024 Japanese investment giant SoftBank has reached an agreement with Sharp to convert its Sakai plant site from an LCD television panel factory into an AI data centre.
Arm could launch its first AI chip designs in 2025 May 13, 2024 News reports say UK-based chip design licensor Arm Holdings will set up an AI chip start mass production its own AI processors in around 18 months.
SoftBank in talks to buy AI chip designer Graphcore May 10, 2024 Japanese investment entity SoftBank Group is planning to acquire Graphcore, a UK-based designer of AI chips, say news reports.
Arm posts strong results, but sees share price dip May 10, 2024 ARM Holdings has reported 4Q financials ahead of projections but still took a hit on the markets.
Rapidus to receive $3.9bn in government subsidies April 05, 2024 The Japanese government has pledged up to $3.9bn to help domestic chip maker Rapidus to better compete in the advanced semiconductor space.
SoftBank planning $100bn AI chip venture February 19, 2024 Japanese investment firm, SoftBank Group is talking to Middle Eastern funds about supporting an ambitious semiconductor supply venture.
Japan to spend $300m on public sector chip R&D centre February 09, 2024 Japan's Ministry of Economy, Trade and Industry (METI) has approved a huge grant to support the country's Leading-edge Semiconductor Technology Center (LSTC).
Sam Altman's chip project: he wants trillions February 09, 2024 New reports say OpenAI CEO Sam Altman is seeking up to USD 7 trillion to fund his plan to create a new network of advanced chip manufacturers.
Arm shares jump by 50% after positive earnings update February 09, 2024 Shares in Arm Holdings leapt yesterday when the company reported quarterly sales of $824m – 8.19% more than analyst expectations.
Sam Altman arrives in South Korea for chip talks January 26, 2024 Sam Altman, CEO of OpenAI, has flown to South Korea to meet representatives of Samsung and SK Hynix, say reports.
Sam Altman 'raising billions' for new chip venture January 22, 2024 The CEO of the world's leading AI company, OpenAI, is rumoured to be talking to investors about building an ambitious new network of semiconductor fabrication plants.
Arm Holdings lays off 70 Chinese software engineers December 18, 2023 British software firm Arm has cut more jobs in its Chinese operation as it continues to adjust to challenging market conditions.
ARM valued at $54.5 billion as it hits the stock market September 14, 2023 The chip design company has secured a valuation of USD 54.5 billion in its U.S. initial public offering (IPO).
Apple and Arm ink long-term deal September 07, 2023 US electronics company Apple has reportedly signed a new deal with Arm for chip technology that "extends beyond 2040."
Arm files for IPO August 23, 2023 SoftBank-backed Chip designer Arm has officially filed for its U.S. initial public offering (IPO). The IPO is expected to be one of the largest listings of the year.
Arm IPO valuation could hit $70 billion August 04, 2023 Softbank-owned UK chip designer Arm is going public in September, and industry watchers believe its launch valuation could be between USD 60 billion and USD 70 billion.
10 events that defined the industry in 2022 December 28, 2022 2022 has been, just like the years before it, a special year. Supply chain issues, geopolitical tension and the resurgence of the pandemic has kept the industry on its toes.
Ericsson sells its IoT business to Aeris December 08, 2022 Ericsson and IoT solutions provider Aeris Communications have signed an agreement for the transfer of Ericsson’s IoT Accelerator and Connected Vehicle Cloud businesses.