SoftBank earmarks another $1B to AI push
by Mobile World Live
Mobile World Live— SoftBank Group set aside JPY150 billion ($960 million) to upgrade its computing infrastructure as part of a bid to create a world-class generative AI (GenAI) platform tailored to the Japanese language, Nikkei Asia reported,
CNBC—SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips. SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.
ETtech.com—Big Tech reports strong Q1 numbers amid AI push. Technology majors Meta, Alphabet, and Microsoft unveiled their earnings for the first quarter of 2024. Artificial intelligence (AI) continued to be a major spending area for all three companies.Let's break down the earnings reports:FinancialsGoogle: Google's parent, Alphabet, reported strong financial results for the first quarter of 2024. Profits reached $23.7 billion on revenue of $80.5 billion, with growth attributed to cloud computing, YouTube, and continued strength in online search...
TheBlaze—X launches Stories feature, pushing news to users powered by AI chatbot Grok. Elon Musk recently announced that X's AI chatbot Grok will power a feature that essentially summarizes personalized trending stories under the platform's "Explore" section. X's engineering team posted the announcement on Friday, writing: "Now available: Stories on X, powered by Grok AI.""See what the world is talking about with Stories on X, curated by @grok. now available for Premium subscribers in the Explore tab! web & iOS only for now-- let us know your feedback." — (@) ...