It is understood that SoftBank failed to reach an agreement with Intel on the plan to cooperate in the production of AI chips, so it turned to TSMC for foundry.

SoftBank Group is launching its first AI chip through Arm Holdings to deepen its presence in the global AI technology market.

SoftBank Group believes that the way venture capitalists fund startups must change as AI startups scale up much faster than currently envisaged.

According to reports, SoftBank Group's British chip design company Arm recently laid off more than 70 software engineers in China and moved some positions outside Asia.。One of the sources, who spoke on condition of anonymity, revealed that about 15 of the laid-off employees will be placed on projects related to China。Another person, who spoke on condition of anonymity, said the cut positions were currently "topped" by contract software engineers who had worked on projects involving Arm's global operations.。In a statement, Arm said, "To ensure that the Chinese software ecosystem can maximize Arm's performance and capabilities, Arm is reorganizing its software engineering resources in China to focus on direct support for local developers.。"

On December 4, local time, Nvidia CEO Huang Renxun held talks with Japanese Prime Minister Fumio Kishida in Tokyo。After the talks, Huang said in an interview that Nvidia plans to work with Japanese companies, including SoftBank, to develop generative AI.。Huang also said that Fumio Kishida wants Nvidia to provide Japan with as many GPUs (graphics processing chips) as possible: "The market demand is very high, but I promised the prime minister that we will do our best to prioritize Japan's GPU needs.。"

WeWork is considering filing for Chapter 11 bankruptcy in New Jersey as early as next week, according to media reports.。After the news was released, the company's shares fell nearly 47 percent to close at 1.21美元。Its shares have fallen more than 96% this year.。

SK Hynix is hesitant to merge Western Data with Kioxia memory chips and hopes to join forces with SoftBank as a backup plan。

Arm's initial public offering (IPO) has been oversubscribed 10 times, according to people familiar with the matter。Given the popularity of subscriptions, it is expected to stop accepting orders before Tuesday afternoon (September 12) local time.。

On August 28, according to media reports, SoftBank Group will lead a group of founders of Indian startups to Silicon Valley next month for an "artificial intelligence journey."。

On August 21, local time, Arm Holdings Ltd, a subsidiary of Softbank Group.Filing with the Securities and Exchange Commission (SEC) seeking a listing on NASDAQ under the ticker symbol ARM。

On May 29, Arm Ltd, a British chip technology company owned by SoftBank, announced in its blog that it had launched a new chip technology for mobile devices.。

On May 12, OpenAI said that Web browsing and plug-ins are now available in beta and will be launched this week for ChatGPT Plus users, who can experience experimental new features first.。Earlier, Google also announced that its product Bard, which is benchmarked against ChatGPT, will be upgraded.。