Masayoshi Son’s cash-cow domestic telecoms business continues to perform well, even as his ambitious tech investments in other parts of his empire collapse. SoftBank Corp., the telco unit of his SoftBank Group, said it predicted an operating profit of $8.6 billion for the current financial year, largely unchanged from last year, despite the economic blow that Covid-19 has had on the global...
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Oracle’s Answer to the Microsoft-OpenAI Alliance: Cozying Up to Cohere
Oracle has invested in Cohere, an artificial intelligence startup that competes with OpenAI, the startup said on Thursday. What Cohere didn’t say: Oracle plans to make the startup a centerpiece of its strategy to catch up to bigger cloud rivals that sell services powered by large-language models. Steve Miranda, a senior Oracle executive, has told employees the company plans to sell access...
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