Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Goto said at the time SoftBank remained committed to its target of building $500 billion worth of data centres over four ...

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...

The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has ...

Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...

Intel has secured a crucial $2 billion lifeline from Japanese investment conglomerate SoftBank, marking a significant ...

Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure ...

The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.

Intel and SoftBank said Monday that the Japanese conglomerate will invest $2 billion in the struggling U.S. chipmaker.