OpenAI rejects Musk's takeover offer, says it was ‘not a bid at all'
OpenAI sent a short letter to Elon Musk's lawyer on Friday, rejecting the billionaire's acquisition offer. The "much-publicized 'bid' is in fact not a bid at all," William Savitt, the attorney for ...
Arm reportedly secures Meta as client for its first SoC
Arm could soon launch its first in-house SoC and has reportedly secured Meta as its first major client. More details here.
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Eneos seeks up to $3 billion in biggest Japan IPO since 2018
JX Advanced Metals (JXAM), a wholly owned metals unit of Japan's Eneos Holdings, won approval to list its shares in a $3 ...
Rigetti Computing price target raised to $15 from $8.50 at B. Riley
B. Riley raised the firm’s price target on Rigetti Computing (RGTI) to $15 from $8.50 and keeps a Buy rating on the shares. The firm believes ...
SoftBank Group Q3 Earnings: Bad Timing For AI Exposure
SoftBank’s AI investments face increasing risks, especially in OpenAI and Stargate. Find out why SFTBF stock could be ...
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Exclusive-Arm recruits from customers as it plans to sell its own chips
Arm has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own ...
Arm takes manufacturing into its own hands as it plans to sell chips
The chip designer, Arm, is reportedly competing with its own clients, which include major companies such as Qualcomm, to sell ...
Cleary Gottlieb M&A Veteran Takes Team of 3 to Korea’s Legal Leader Kim & Chang
Big Six Korean law firm Kim & Chang, with gross revenues of approximately $1 billion, has lured veteran mergers and ...