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People walk behind the logo of SoftBank Corp in Tokyo.

REUTERS/Toru Hanai/File Photo

Hard Numbers: SoftBank’s hardy investment, Grok gets cash infusion, Humane’s rescue plan, Kenya’s tech upgrade, News Corp and OpenAI strike a deal

9 billion: SoftBank, the Japanese technology conglomerate, plans to invest $9 billion per year into artificial intelligence. SoftBank is the main backer of Arm, the British chip design company that went public in September 2023 and has soared nearly 90% since its IPO on market-wide AI fervor.
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FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.

REUTERS/Angus Mordant/File Photo

Hard Numbers: Unnatural gas needs, Google’s data centers, Homeland Security’s new board, Japan’s new LLM

8.5 billion: Rising energy usage from AI data centers could lead to additional demand for natural gas of up to 8.5 billion cubic feet per day, according to an investment bank estimate. Generative AI requires high energy and water demands to power and cool expansive data centers, which climate advocates have warned could exacerbate climate change.

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