SoftBank – DIGIT INFO

Intel Targets Nvidia and AMD With New AI Chip

DIGIT — Mon, 01 Jun 2026 09:30:08 +0000

Intel says it will launch a new artificial-intelligence data-center chip this year to challenge Nvidia and AMD, betting that cheaper memory and lower power draw can win over operators building out compute capacity. A Cheaper Bet on AI Inference The plan, flagged in a widely shared market update, centers on a data-center graphics processing unit […]

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Twenty One Capital Ownership Shifts as Tether Buys Out Softbank’s XXI Position

DIGIT — Wed, 20 May 2026 16:38:08 +0000

Tether International has acquired Softbank’s equity stake in Twenty One Capital, the NYSE-listed bitcoin treasury company holding approximately 43,514 BTC, giving the stablecoin issuer greater control over one of the largest publicly traded bitcoin accumulation vehicles in the world. Ardoino Says XXI Enters Next Chapter as Tether Absorbs Softbank’s Stake The deal, announced on May […]

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Stargate Unravels: Report Claims Softbank and OpenAI Tensions Stall AI Ambitions

DIGIT — Tue, 22 Jul 2025 21:30:25 +0000

A new report claims tensions are brewing between Softbank and OpenAI over major terms in their Stargate collaboration—chiefly, where the data centers should go and funding. People familiar with the matter say OpenAI’s grand Stargate vision now appears to be shrinking fast. WSJ Report Sources Say Stargate Is Shrinking OpenAI’s Stargate project—a sweeping artificial intelligence […]

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Softbank announces $100B investment in US AI infrastructure

DIGIT — Mon, 16 Dec 2024 18:34:53 +0000

The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida.

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Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI

DIGIT — Wed, 03 Jul 2024 20:42:04 +0000

Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion.

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Softbank CEO says company’s purpose is to create ‘artificial super intelligence’

DIGIT — Sat, 22 Jun 2024 16:41:35 +0000

Billionaire finance mogul Masayoshi Son also said that AI will be 10,000X smarter than humans by 2035.

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Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff

DIGIT — Tue, 29 Nov 2022 17:00:18 +0000

With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the NFT company Candy Digital is laying off […]

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FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

DIGIT — Thu, 10 Nov 2022 22:19:40 +0000

Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.

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3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled

DIGIT — Mon, 18 Jul 2022 22:04:43 +0000

In a court filing in Singapore, 3AC’s liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings.

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Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries

DIGIT — Thu, 10 Mar 2022 23:00:51 +0000

Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order to attract Web3, metaverse, and NFT patrons. Z Holdings Doesn’t Want to ‘Miss out […]

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