OpenAI receives SoftBank's $100 billion AI and robotics pledge as Amazon's cloud unit reports fastest sales growth

SoftBank is planning to create and list a standalone AI and robotics company called Roze in the US, targeting a valuation of about $100 billion. The new entity will focus on building data centers and using robotics to improve AI infrastructure construction. This move aims to offset commitments, including pledges to OpenAI.

Snowflake's stock has lost a third of its value in 2026, making it a potentially attractive option for investors. The company's AI solutions are driving stronger growth and helping win bigger contracts. Snowflake's growth is likely to accelerate as it signs larger deals with customers.

Amazon's cloud unit reported its fastest sales growth in over three years, driven by demand for AI services. The company spent $151 billion on property and equipment to expand data center capacity. Additionally, Amazon's custom AI chip business has seen massive growth, reaching an annual run rate exceeding $20 billion in Q1.

Big Tech's AI spending plans have risen to $725 billion, driven by cloud computing and chatbots. Google outpaced rivals in AI spending in Q1, with Alphabet spending $12.2 billion on AI. However, Meta Platforms was downgraded by JPMorgan due to massive AI spending forecasts.

Other notable developments include Core Scientific's plan to raise $3.3 billion to fund its AI data center expansion and Silverfort's acquisition of Fabrix to bring AI to access decisions. DSPAI has also introduced an upgraded quantitative trading platform with AI-driven Precision Investment Strategies and a Free AI Trading Robot.

Key Takeaways

  • SoftBank plans to list AI and robotics company Roze in the US, targeting a $100 billion valuation.
  • Snowflake's stock has lost a third of its value in 2026, making it a potentially attractive option.
  • Amazon's cloud unit reported its fastest sales growth in over three years, driven by AI demand.
  • Amazon's custom AI chip business has reached an annual run rate exceeding $20 billion.
  • Big Tech's AI spending plans have risen to $725 billion.
  • Google spent $12.2 billion on AI in Q1, outpacing rivals.
  • Meta Platforms was downgraded by JPMorgan due to massive AI spending forecasts.
  • Core Scientific plans to raise $3.3 billion for AI data center expansion.
  • Silverfort acquired Fabrix to bring AI to access decisions.
  • DSPAI introduced an upgraded quantitative trading platform with AI-driven strategies.

SoftBank Eyes $100 Billion AI and Robotics Spinout

SoftBank is planning to create and list a standalone AI and robotics company called Roze in the US. The new entity will focus on building data centers and using robotics to improve AI infrastructure construction. SoftBank aims for a valuation of about $100 billion and plans to pursue an initial public offering this year. The company, led by Masayoshi Son, targets offsetting commitments including pledges to OpenAI.

SoftBank Plans US Listing for AI Firm Roze

SoftBank aims to list its new AI and robotics company, Roze, in the US as early as this year. The company, led by Masayoshi Son, targets a valuation of $100 billion. Roze will focus on building data centers and using robotics to improve AI infrastructure construction.

SoftBank to List AI and Robotics Company in US

SoftBank plans to list its new AI and robotics company, Roze, on the New York Stock Exchange. The company will be a holding company for SoftBank's various AI and robotics investments. SoftBank aims for a valuation of $100 billion and plans to raise $1 billion or more.

SoftBank Plans to List New AI and Robotics Company

SoftBank is planning to create and list an AI and robotics company called Roze in the US. The company will be involved in building data centers. SoftBank aims for a valuation of $100 billion and plans to pursue an initial public offering this year.

Snowflake Stock: A Cheaper AI Alternative to Palantir

Snowflake's stock has lost a third of its value in 2026, making it a good deal for investors. Snowflake's growth is likely to accelerate as it signs larger deals with customers. The company's AI solutions are driving stronger growth and helping win bigger contracts.

Snowflake: AI Software Stock to Buy and Hold

Snowflake is a cloud-based data warehousing and analytics platform that has been gaining traction in recent years. The company's software allows users to store, process, and analyze large amounts of data in the cloud. Snowflake has a more diversified revenue stream and strong growth prospects.

DSPAI Introduces Accessible AI Quantitative Trading

DSPAI has upgraded its quantitative trading platform to offer institutional-grade algorithmic trading capabilities to everyday traders. The platform provides a user-friendly experience with AI-driven Precision Investment Strategies and a Free AI Trading Robot.

Amazon Cloud Sales Jump on AI Demand

Amazon's cloud unit reported its fastest sales growth in over three years, driven by demand for AI services. The company spent $151 billion on property and equipment to expand data center capacity.

Big Tech's AI Spending Plans Rise to $725 Billion

Google outpaced rivals in AI spending in Q1, with Alphabet spending $12.2 billion on AI. Big Tech's AI spending plans rose to $725 billion, driven by cloud computing and chatbots.

Amazon's AI Chip Business Sees Massive Growth

Amazon's custom AI chip business has seen massive growth, with demand exploding over the last two years. The company's chip business reached an annual run rate exceeding $20 billion in Q1.

Meta Platforms Downgraded on AI Spending

Meta Platforms was downgraded by JPMorgan due to massive AI spending forecasts. The company's AI spending plans have raised eyebrows among shareholders.

Core Scientific to Raise $3.3 Billion for AI Data Center

Core Scientific plans to raise $3.3 billion to fund its AI data center expansion. The company's pivot from Bitcoin mining to AI-focused data centers is driving growth.

Silverfort Brings AI to Access Decisions

Silverfort acquired Fabrix to bring AI to access decisions. The company's platform uses AI to simplify complexity around access.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

SoftBank AI Robotics Roze Data Centers Initial Public Offering Masayoshi Son OpenAI Snowflake AI Solutions Cloud Computing Amazon Cloud Sales AI Demand Google Alphabet AI Spending Chatbots Meta Platforms AI Spending Forecasts Core Scientific AI Data Center Silverfort AI Access Decisions

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