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Reuters
SoftBank books $7 billion quarterly loss on US data centre hit, financing costs
By Anton Bridge TOKYO, Nov 10 (Reuters) - Japan's SoftBank Group said on Tuesday it had swung to a second-quarter net loss of $7 billion, hit hard by hefty buildout costs for data centres in the US and increases in financing payments.
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ING Offloads $500 Million in Data Center Loans Amid AI Boom Scrutiny
ING Offloads $500 Million in Data Center Loans Amid AI Boom Scrutiny
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Broadcom and TSMC Show Divergent Paths in AI Semiconductor Market Amidst Volatility
Broadcom and TSMC Show Divergent Paths in AI Semiconductor Market Amidst Volatility
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Advanced Micro Devices (AMD) Overview: Semiconductor Leader's Operations and Market Positioning
Advanced Micro Devices (AMD) Overview: Semiconductor Leader's Operations and Market Positioning
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Reuters
SoftBank books $7 billion quarterly loss on US data centre hit
By Anton Bridge TOKYO, Nov 10 (Reuters) - Technology investor SoftBank Group said on Tuesday it booked a net loss of 1.1 trillion yen ($7 billion) in the July-September quarter, hit hard by hefty advance payments it made to support the buildout of data centres in the US.
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AP News
Japanese investor SoftBank Group sinks into losses as company's AI hopes falter
SoftBank Group has sunk into losses for the latest quarter as worries about investments in artificial intelligence hurt the Japanese technology company's bottom line
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Trendline
ING Bank Sells $500 Million in Data Center Loans, Including Stargate Project Debt, Amid AI Infrastructure Financing Caution
ING Bank Sells $500 Million in Data Center Loans, Including Stargate Project Debt, Amid AI Infrastructure Financing Caution
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Oracle Issues Force Majeure Notice on Stargate Project, Signaling Reassessment of AI Infrastructure Feasibility
Oracle Issues Force Majeure Notice on Stargate Project, Signaling Reassessment of AI Infrastructure Feasibility
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Reuters
SoftBank swings to $7 billion net loss in second quarter
By Anton Bridge TOKYO, Nov 10 (Reuters) - Technology investor SoftBank Group generated a net loss of 1.1 trillion yen ($7 billion) in the July-September quarter, it said on Tuesday.
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Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn
Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn
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OpenAI Secures $11 Billion in New Investments, Valuation Reaches $1.25 Trillion Amidst Infrastructure Expansion Plans
OpenAI Secures $11 Billion in New Investments, Valuation Reaches $1.25 Trillion Amidst Infrastructure Expansion Plans
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OpenAI CFO Sarah Friar Addresses AI Demand, Q3 Growth, and Data Center Concerns Amid Midterm Election Impact
OpenAI CFO Sarah Friar Addresses AI Demand, Q3 Growth, and Data Center Concerns Amid Midterm Election Impact
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