The founder of the Japanese technology investment conglomerate is seeking to team up with the Taiwanese semiconductor maker to set up an industrial complex in Arizona aimed at bringing back high-end tech manufacturing to the US.
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SoftBank pitches $1T deal with TSMC to build AI, robots in Arizona
The founder of the Japanese technology investment conglomerate is seeking to team up with the Taiwanese semiconductor maker to set up an industrial complex in Arizona aimed at bringing back high-end tech manufacturing to the US. Read here
Nvidia, Foxconn in talks
to deploy humanoid robots
The California-based artificial intelligence giant and the Taiwanese chipmaker are in negotiations to utilize human-like intelligent machines at a new Foxconn factory in Houston that will produce Nvidia AI servers. Read here
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Oil dynasty targets payout with $8B Mitsubishi deal
Albert and Gordon Huddleston are on the cusp of cementing their place in a gilded lineage of Texas tycoons with the potential sale of the assets of Aethon Energy Management to the Japanese industrial powerhouse.Read here
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Trump extends deadline for US TikTok sale to Sept
President Donald Trump has stretched to September 17 a deadline for China-based ByteDance to divest the US assets of its short-video social app despite a law that mandated a sale or shutdown without significant progress.Read here
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NEWS WORTH NOTING
NEWS WORTH NOTING
Bitdefender to buy email security provider Mesh
The global cybersecurity leader has agreed to acquire the Irish advanced email security solutions specialist in an effort to expand the email security capabilities of its extended detection and response platform. Read here
EIB to allot $80.6B for tech sector in next three years
The European Investment Bank is likely to announce plans to pump billions of euros into the development of European technology firms, EU officials confirm. Read here
ADNOC’s $19B Santos bid sparks Australian debate
The Abu Dhabi National Oil Company’s offer to acquire the Adelaide-based major is challenging Australia’s energy future amid regulatory hurdles and domestic supply concerns. Read here
NTT secures bids for $16.3B takeover of NTT Data
Japan’s Nippon Telegraph and Telephone Corp is close to acquiring its partially-owned subsidiary in a move to privatize one of the world’s largest data center operators. Read here
Apollo to lend $6.7B to save Hinkley Point nuclear plant
The investment firm is reportedly close to finalizing a financing deal with Electricite de France to provide debt financing for the long-delayed UK power station. Read here
