Financial Times reported that SoftBank had previously sought Intel for the development of processors for artificial intelligence or AI, but negotiations ultimately failed due to Intel’s inability to meet SoftBank’s terms.
Sources indicated that SoftBank was the party that requested to cancel the aforementioned plan, citing that Intel could not support the chip quantity and delivery speed that SoftBank required. This incident occurred before Intel announced a 15% employee layoff.
The report also mentioned that SoftBank is still in search of a partner to manufacture AI chips and is currently in negotiations with TSMC. Both Intel and SoftBank have yet to comment on the news.
TLDR: SoftBank’s deal with Intel for AI chip development fell through due to Intel’s inability to meet SoftBank’s requirements, leading SoftBank to seek other manufacturing partners like TSMC.
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