Tag: SoftBank
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
OpenAI Hits $500B, Becomes World’s Most Valuable Startup
OpenAI has officially become the most valuable private startup in the world, reaching a staggering $500 billion valuation following a major secondary share sale....
Altman Targets Weekly 1GW AI Infrastructure Build
OpenAI is doubling down on its massive AI infrastructure ambitions under the $500 billion Stargate initiative, announcing five new data center sites in partnership...
OpenAI, Oracle, SoftBank to Launch AI Data Centers
OpenAI, in partnership with Oracle and SoftBank, has revealed plans to build five major AI data center sites in the United States, pushing forward...
