Topic: joint ventures
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SoftBank and OpenAI Forge New AI Venture in Japan
SoftBank and OpenAI have formed a 50-50 joint venture, SB OAI Japan, to introduce the "Crystal intelligence" enterprise AI solution to the Japanese market, focusing on improving corporate management and operational efficiency. The venture's first client is SoftBank itself, which will use the AI t...
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Viasat & Space42 Partner with e& for UAE Mobile Satellite Service
Viasat and UAE operator Space42 have partnered through Equatys, with e& as the inaugural mobile network partner, aiming to launch commercial direct-to-device satellite services in the UAE within three years to provide connectivity beyond conventional cellular networks. The collaboration focuses o...
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ADNOC, Gecko Robotics Partner on AI, Robotics and Training
ADNOC and Gecko Robotics have expanded their partnership with three new agreements to deploy robotics, AI, and training programs, aiming to enhance operational efficiency and proactive maintenance across ADNOC's operations. The collaboration includes AIQ's entry into robotics, joint exploration o...
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STC & Saudi Aramco Partner on Digital Infrastructure Project
solutions by stc and Saudi Aramco have entered a five-year agreement to enhance Aramco's digital infrastructure through high-performance computing systems, supporting Saudi Arabia's technological self-reliance. The deal involves solutions by stc providing and maintaining advanced computing server...
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Group14 Launches Factory for Fast-Charging EV Battery Materials
Group14 Technologies has launched a major new factory in South Korea, scaling production of its advanced silicon battery material to power approximately 100,000 long-range electric vehicles annually. The company's innovation embeds silicon in a carbon scaffold to overcome durability issues, enabl...
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Geopolitical Tensions Delay SoftBank-Backed PayPay IPO
PayPay's planned IPO has been postponed due to significant market instability and escalating geopolitical tensions, including conflicts in the Middle East. The delay reflects a broader cooling in the tech IPO market, initially impacted by a software stock sell-off and then compounded by volatile ...
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Intrinsic Robotics Joins Google's Alphabet
Google has integrated Intrinsic, a major robotics software developer, directly into its operations to expand AI's role in the physical world, leveraging Gemini models and cloud infrastructure. Intrinsic, which originated from Alphabet's X division, has grown through acquisitions and launched Flow...
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US Battery Production Stalls as Natron Liquidates
Natron, a sodium-ion battery startup, shut down after failing to secure UL certification and funding, highlighting persistent challenges in U.S. domestic battery production. The closure underscores the difficulty of scaling production without long-term policy support, as seen in similar failures ...
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