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SoftBank raises $4.8bn from T-Mobile share sale to fund AI push
SoftBank Group has sold around a quarter of its stake in T-Mobile US for $4.8 billion, as the company seeks to fund its AI ambitions. Reuters reported that the company sold 21.5 million T-Mobile shares at $224 each. The shares were offered in a price range of $224 to $228 each, according to a term sheet that Reuters reviewed.
Nvidia (NASDAQ:NVDA) and Samsung are investing a combined $35 million into Skild AI, a general-purpose robotics intelligence ...
Intel and Japanese multinational investment holding company SoftBank Group have partnered to create a stacked DRAM substitute ...
Demand is rising for AI-powered robots that can clean offices or roll around moving items from one part of a building to ...
Icetana CEO Kevin Brown takes us through the startup's Japanese robotics deal with Softbank and its $3.6 million raise.
NEW YORK] SoftBank Group raised around US$4.8 billion through a sale of T-Mobile US shares, a move that helps fund the ...
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