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04.07.26 - 02:06
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SoftBank targets AI cloud market with 10GW US rental plan (Digitimes)
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SoftBank Group (SBG) and telecom subsidiary SoftBank said they will set up a new company in the US in July 2026 to rent out AI computing resources, aiming to challenge CoreWeave and Nebius in the fast-growing AI cloud market. The new unit, SB Neo, is scheduled to begin operations in fiscal 2027 (April 2027 to March 2028)....
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02.07.26 - 21:18
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Did the World’s Best AI Lab Really Sell to Google for Just $5 Million? (24/7 Wall St.)
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On a recent Diet TBPN segment, Jordi Hays and his co-host wandered back to December 2010, when a young neuroscientist named Demis Hassabis raised a small amount of funding for a research outfit called DeepMind. The number Jordi surfaced is the kind that makes you spit out your coffee. He said DeepMind “sold half the ... Did the World's Best AI Lab Really Sell to Google for Just $5 Million?...
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02.07.26 - 17:06
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Google Loses EU Antitrust Fight; Softbank Moves on Computing Power | Stock Movers (Bloomberg)
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On this episode of Stock Movers:
- SoftBank (SFTBY) shares are responding to news that it is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.
- Shares of Alphabet/Google (GOOG) are responding to the company losing its long-running fight against a €4.1 billion ($4.7 billion) European Union antitrust fine after the bloc's top judges said regulators were right to punish the US giant for abusing Android's market power. (Source: Bloomberg)...
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02.07.26 - 06:48
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Japan Tech Giant LY Formally Offers Tabelog Operator Buyout (Nippon)
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Tokyo, July 2 (Jiji Press)--Japanese technology giant LY Corp., which operates messaging app Line, has said it officially proposed acquiring Kakaku.com Inc., the operator of the Tabelog website featuring user-generated restaurant reviews. Under the legally binding offer, LY, whose operations also include internet portal Yahoo! Japan, will launch a tender offer for Kakaku.com, jointly with U.......
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