SoftBank delivers blowout quarter as Vision Fund gains $3.96 billion amid bold AI pivot and high-stakes tech bets
Earlier this year, SoftBank made a $1 billion bet on artificial intelligence (AI), teaming […]
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Uber invests in SoftBank-backed self-driving tech startup Wayve
Earlier this year, Wayve drew major attention when the British self-driving tech startup raised […]
SoftBank to invest up to $30 million in search engine startup Perplexity AI at a $3 billion valuation
Japanese tech giant SoftBank Group Corp’s Vision Fund 2 is set to invest between […]
UK self-driving startup Wayve raises $1 billion in funding led by SoftBank Group
British self-driving tech startup Wayve has raised $1.05 billion in a Series C funding […]
SoftBank makes a $1 billion bet on AI, teams up with Nvidia for chips
Japanese tech titan SoftBank is stepping up its game to fuel Japan’s AI race. […]
SoftBank founder seeking to raise $100B for AI chip initiative to challenge Nvidia’s AI chip dominance
SoftBank founder and CEO is reportedly seeking to raise a staggering $100 billion for […]
SoftBank to reduce its stake in Indian food delivery startup Zomato through a $135 million share sale
Japan’s SoftBank is looking to sell a 1.1% stake in the Indian food delivery […]
SoftBank acquires a majority stake in connected-vehicle startup Cubic Telecom with $514 million investment
SoftBank Corp is investing a massive $514 million (approx. 473 million euros) in Dublin-based […]
SoftBank suffers $5.2 billion loss from WeWork bankruptcy
SoftBank Group announced a quarterly loss of $5.2 billion on Thursday, marking its fourth […]
Arm IPO Debut: Shares jump 25%, valuing SoftBank-owned chip designer at $65 billion, up $10 billion
After a series of setbacks, SoftBank finally had a major win. The Japanese tech […]
SoftBank’s Arm to make Nasdaq debut as biggest US IPO since 2021, valuing the chip design startup at $54.5 billion
The wait is over. After many months of anticipation, the blockbuster initial public offering […]
SoftBank backs Stack AV, a new autonomous trucking startup founded by former Argo AI founders
They’re back! Bryan Salesky, Peter Rander, and Brett Browning, the founders and the brains […]
SoftBank targets over $50 billion valuation for its ARM’s IPO
Late last month, we wrote about Arm Holdings Ltd. after the SoftBank-owned chip designer […]
SoftBank-owned chip design startup Arm files blockbuster IPO valued between $60 billion and $70 billion
Arm, a SoftBank-owned chip designer, has formally filed its paperwork for an initial public […]
SoftBank-owned British chip design startup Arm eyes September IPO valued at around $70 billion
In March, there were reports that Arm Ltd, a British chip design firm owned […]
Tractable raises $65 million in funding led by SoftBank to assess insurance claims using AI
Artificial intelligence (AI) startups continue to attract significant investment, as investors see the potential […]
World Mobile Appoints Ex-SoftBank India Head Manoj Kohli as Advisor
World Mobile, a decentralized wireless network operator, announced today the appointment of Manoj Kohli […]
SoftBank to invest $150M in Black and Latino startups; rebrands its second fund to Open Opportunity Fund
In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a […]
SoftBank posts record $32 billion loss at its Vision Fund venture arm, just 6 months after it reported a $50B loss
SoftBank, the Japanese conglomerate that was once considered a high-flyer with billions in profit, […]
SoftBank-backed Indian tech startup Oyo to cut IPO size by two-thirds as tech valuations plunge
Amid the ongoing headwinds in the tech space, SoftBank-backed Indian hospitality startup Oyo is […]