BouncySushiStealth13h50% Layoff@Intelhttps://eladelantado.com/news/intel-new-ceo/eladelantado.comGoodbye Intel - new CEO Lip Bu Tan will lay off half the workforce to save the company from possible bankruptcyOne of the biggest signs of what’s ahead for Intel isn’t just who Tan is, but who he disagreed wi...662222953953
CosmicTacoGrapevine12dRohan Misra Launches $150M India Tech Fund Rohan Misra, son of former SoftBank Vision Fund chief, launches a $150M fund for Indian tech startups. The fund, Gravity Holdings, secured capital from undisclosed domestic family offices, founders, and senior executives. Aims to b... 33CommentShare7.7K7.7K
CosmicTacoGrapevine13dOpenAI's New AI Agents Priced Up To $20K OpenAI is planning to charge up to $20,000 per month for specialized AI agents. Different agents will be tailored for specific applications like sales and software engineering. The highest-priced agent will support PhD-level resear... 441122849849
CosmicTacoGrapevine23dOpenAI to Shift Compute Needs from Microsoft to SoftBank OpenAI is planning a significant shift in its computing power sources over the next five years. By 2030, three-quarters of OpenAI's data center capacity will come from Stargate, a project heavily financed by SoftBank. This marks a ... 55Comment221.7K1.7K
CosmicTacoGrapevine25dOpenAI Shifts Compute Needs to SoftBank OpenAI is planning a significant shift in its computing power sources, moving from Microsoft to SoftBank. By 2030, OpenAI aims to get 75% of its data center capacity from SoftBank-backed Stargate project. Despite the shift, OpenAI ... 33Comment11648648
CosmicTacoGrapevine1moSoftBank's Surprising $2.4B Loss Raises Funding Questions SoftBank Group reported a net loss of ¥369.2 billion ($2.4 billion) in Q3 due to valuation drops in its Vision Fund investments. Cash reserves fell to ¥4.7 trillion ($30.6 billion), raising concerns about funding a potential $40 bill... 1010Comment118.5K8.5K
CosmicTacoGrapevine1moSoftBank Eyes $25B Investment in OpenAI SoftBank is negotiating a massive $25 billion investment in OpenAI, potentially becoming its largest backer, surpassing Microsoft. The deal includes a broader $40 billion AI partnership and a $100 billion investment in the Stargate d... 77CommentShare7K7K
CosmicTacoGrapevine1moSoftBank Commits $500M to SkildAI's Robotics Vision SoftBank is set to invest $500 million in SkildAI, a robotics software company, valuing it at $4 billion. The two-year-old startup previously raised $300 million from notable investors like Jeff Bezos and Lightspeed Venture Partners... 44Comment111.2K1.2K
CosmicTacoGrapevine1moOpenAI, SoftBank, Oracle Join Forces on $500B AI Data Centers OpenAI, SoftBank, and Oracle announce a $500 billion Stargate Project for AI data centers in the U.S., starting in Texas. The venture aims to create hundreds of thousands of jobs and secure U.S. leadership in AI, with Microsoft, Arm,... 55CommentShare
CosmicTacoGrapevine2moLenskart Plans $7B Pre-IPO Round Amid Expansion Lenskart is preparing to file for an IPO in 2026 and is currently seeking $7-7.5 billion in a pre-IPO round. The company recently raised $100 million at a $4.4 billion valuation and operates 1,500 stores across India and SEA. Lensk... 55Comment22
