SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips
by CNBC
CNBC— SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.
WTOP—Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia. JAKARTA, Indonesia (AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’
MarketWatch—JD Sports agrees to buy Hibbett for $1.1 billion in push for U.S. growth. The Greater Manchester sportswear seller is set to acquire the Alabama company for $87.5 per share, marking a 21% premium on its closing share price on Monday
MediaNama—It will take a multi-year investment cycle before Meta’s AI offerings become profitable: Insights from Meta’s Earnings Call. Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.