
China blocks SoftBank's $5.4B purchase of ABB's robotics unit, report says
China's planning agency reportedly rejected the deal at the core of Masayoshi Son's physical AI push; China is about 30% of the unit's business.
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China's planning agency reportedly rejected the deal at the core of Masayoshi Son's physical AI push; China is about 30% of the unit's business.

Prime Minister Anwar Ibrahim says the money will target AI, new technology and data centres in Kuching and Peninsular Malaysia.

The Japanese conglomerate is tapping debt markets to finance its escalating commitment to OpenAI, per a term sheet reviewed by Reuters.

The SoftBank founder dismissed bubble talk, arguing annual AI capital requirements will scale into the trillions within 15 years.

SoftBank's CEO says space-based compute won't arrive in time for the AI race that matters — the next few years, not the next decade.

The SoftBank founder, one of the largest financial backers of OpenAI, is pushing back hard against the bubble narrative gaining steam across markets.

The Japanese investor will spend an initial €45B to deliver 3.1GW of capacity to Hauts-de-France by 2031 — its largest European AI bet.

The Japanese conglomerate scaled back its fundraising goal against its OpenAI stake, a notable retreat from a deal once pitched at $10 billion.
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