Japanese technology giant SoftBank says it has sold its stake in Nvidia for $5.8 billion. Tokyo-based SoftBank Group Corp. reported much higher earnings than expected for the July-September quarter.
SoftBank sells its entire stake in Nvidia for $5.83 billion
The Japanese conglomerate said Tuesday it sold 32.1 million shares of Nvidia in October.
SoftBank profits more than double as AI valuations soar
Net profit of $16bn driven by massive investment gains from OpenAI and PayPay
Morocco and ICESCO Deepen Cooperation in Artificial Intelligence and Digital Transformation
This meeting reflects the shared commitment of Morocco and ICESCO to advancing education, technology, and knowledge-based economies across member states through practical partnerships and forward-looking digital initiatives.
SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain
SoftBank’s stock has slumped in the past week as concerns of an artificial intelligence bubble sent jitters through global markets.
đź§ MIT Research Unveils Human-Like Intelligence Insights
MIT’s Phillip Isola delves into machine cognition and perception, exploring how intelligent systems emulate human thought processes. Research methodologies include interdisciplinary approaches combining AI, cognitive science, and psychology, aiming to enhance realistic AI applications. This could reshape industries by improving user interaction and decision-making across various platforms.
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- đź”— news.mit.edu
SoftBank profit more than doubles to $16.6 billion on OpenAI gains
TOKYO (Reuters) -Japan’s SoftBank Group reported on Tuesday its second-quarter net profit more than doubled to 2.5 trillion yen ($16.6 billion),​ driven by valuation gains in its holdings of OpenAI. Three analysts surveyed by LSEG had estimated on ‌average a net profit of 207 billion yen for the July-September quarter. SoftBank’s Vision Fund unit posted an investment gain of 3.5 trillion yen, primarily deriving from the group’s holding in ChatGPT creator OpenAI which totalled 2.16 trillion yen for the quarter.
Innovation in Artificial Intelligence and Manufacturing | Milken-Motsepe Prize Pitches
This event will present a high-visibility pitch showcase for the 10 finalists of the Milken-Motsepe Prize in AI and Manufacturing. The hour-long, “Shark Tank”-style pitch contest is designed to elevate the semi-finalists’ ventures for our audience, spotlighting their innovations for strategic investment. By including the dynamic element of live pitching, along with real-time inquiries from the guest judges, we envision deeply engaged and invested spectators for this high-stakes competition. Five finalists will be selected to share a combined total of $150,000 in prize awards, and will become eligible to vie for the $1 million grand prize, to be awarded at the Global Conference.
Why CoreWeave (CRWV) Is Down 16.4% After Major AI Partnerships and Q3 Earnings Miss
CoreWeave reported third-quarter 2025 earnings, posting US$1.36 billion in sales and a net loss of US$110.12 million, alongside announcements of major new commercial agreements with CrowdStrike and VAST Data to strengthen its AI cloud capabilities. These developments highlight CoreWeave’s rapid progress in broadening its partnerships and solidifying its position in the expanding AI infrastructure market. We’ll explore how CoreWeave’s partnership momentum and revenue growth shape its…
📚 Charleston County Schools Create AI Classroom Strategy
Charleston County School District is spearheading a strategy for implementing AI in classrooms, focusing on enhancing student-teacher interactions. The proposal includes policy formulation to integrate AI tools aimed at improving educational outcomes. This initiative could set precedents for similar programs in other districts across the U.S.
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