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Softbank's AI Data Center, Block's AI Boost, Altman's Warning, Nvidia's Valuation Drop, And Apple's Fumble: This Week In Artificial Intelligence

Tech

Rounak Jain

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March 16, 2025

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Benzinga

The week was rife with significant developments in the tech world, particularly in the realm of artificial intelligence (AI). From SoftBank Group’s (OTC:SFTBF) announcement of a massive AI data center in Japan to Apple Inc.’s (NASDAQ:AAPL) struggle in the AI race, the stories were as diverse as they were impactful. Here’s a quick round-up of the top stories.

SoftBank’s $676 Million AI Data Center

On Friday, SoftBank Group revealed plans to acquire assets from Sharp Corp to build a large-scale AI data center. The investment firm will spend approximately $676 million on the project, which aligns with its strategic partnership with OpenAI. The AI data center, set to begin operations in 2026, will be built on a vast area of land and buildings at the Sharp Sakai Factory.

Read the full article here.

Block’s AI Performance Boost with Nvidia

Block Inc. (NYSE:XYZ), led by CEO Jack Dorsey, became the first U.S. company to deploy Nvidia Corp.'s (NASDAQ:NVDA) new AI clusters. Dorsey expects the implementation to be 30 times more powerful than current ones, thanks to Nvidia's DGX SuperPOD with GB200 systems.

Read the full article here.

Sam Altman’s AI Warning

OpenAI CEO Sam Altman, speaking at a private Morgan Stanley event, warned that AI will be deflationary. He also highlighted that the biggest constraint for OpenAI isn’t data or demand, but GPUs.

Read the full article here.

Nvidia’s Valuation Drop

Despite impressive Q4 earnings, Nvidia’s stock has seen a significant drop in 2025. The chipmaker’s valuation is now 41% cheaper compared to November 2022, when ChatGPT was launched, and 85% cheaper from its record high valuations in July 2023.

Read the full article here.

Apple’s AI Race Fumble

Apple’s shares are under significant selling pressure, with the company struggling in the AI race. The stock is down 10.85% year-to-date, 8.22% in the past month, and 1.56% on Friday alone.

Read the full article here.

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Photo courtesy: Shutterstock

This story was generated using Benzinga Neuro and edited by Rounak Jain

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