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OpenAI's latest funding round pushes its market cap to $300B

By Kevin Okemwa published

AI OpenAI closed its latest round of funding where it managed to raise $40 billion from investors, pushing its market cap to $300 billion.

AI
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SoftBank may outrank Microsoft for OpenAI's compute needs

By Kevin Okemwa published

AI A report suggests a rift between Microsoft and OpenAI, further indicating that the latter may be drifting away from Microsoft and leaning on SoftBank.

AI
Surface Pro X Sq2 Side

Arm announces new CEO after acquisition by NVIDIA falls through

By Sean Endicott published

Early this morning, SoftBank announced that NVIDIA will no longer acquire Arm. Following that news, Arm has announced a new CEO.

Nvidia
NVIDIA GeForce RTX 2080 and RTX 2080 Ti

NVIDIA's $40 billion purchase of Arm terminated, confirms SoftBank

By Sean Endicott published

Today, SoftBank announced that NVIDIA will not acquire Arm. NVIDIA agreed to purchase Arm in 2020 for $40 billion, but the deal has been canceled after “significant regulatory challenges.”

Nvidia
Surface Pro X Sq2 Ports

If NVIDIA's purchase of Arm falls through, UK politicians want the company listed in London

By Sean Endicott published

Several politicians in the UK are calling for Arm to list itself on the London Stock Exchange if NVIDIA is unable to purchase Arm. Before Arm was acquired by SoftBank, it was listed in London.

Nvidia
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It's official: SoftBank is buying ARM for $31 billion

By Harish Jonnalagadda last updated

Microsoft
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T-Mobile merger with Sprint looks more likely as Softbank and Deutsche Telekom agree on sale

By Derek Kessler published

Phones
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Sprint Nextel's controlling interest sold for $20 Billion and change

By George Ponder published

Phones