by Chris DeMunbrun | Oct 8, 2025 | AI News
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Ian King reports on the pros and cons of AMD’s agreement with OpenAI to develop computing power.
by Chris DeMunbrun | Oct 8, 2025 | AI News
OpenAI’s AMD deal is the latest sign big AI firms are entangling supply chains. ownership and responsibility.
by Chris DeMunbrun | Oct 8, 2025 | AI News
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 27, 2025. Bloomberg | Bloomberg | Getty Images SoftBank Group on Monday said it had agreed to buy the...
by Chris DeMunbrun | Oct 8, 2025 | AI News
ABB (ABBNY) on Wednesday said that it has signed an agreement to divest its Robotics division to SoftBank (SFTBY) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin off the business as a separately listed company.
by Chris DeMunbrun | Oct 8, 2025 | AI News
SoftBank Group Corp. has agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting the Japanese investment firm’s interest in the burgeoning field.
