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SoftBank Group Corp.

Britain looks to upstage France with play for world’s third major AI hub

by Adrian Jhonsan
Britain looks to upstage France with play for world’s third major AI hub

City of London skyline view looking over the River Thames and Waterloo Bridge at sunset on 10th February 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty …

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Categories World

SoftBank CEO predicts AI that is 10,000 times smarter than humans

by Ev Richard
SoftBank CEO predicts AI that is 10,000 times smarter than humans

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions …

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Categories Technology

S&P 500 record, Japan trade, Tankan

by Adrian Jhonsan
S&P 500 record, Japan trade, Tankan

The Taiwan Weighted Index reached new highs, crossing the 23,000 mark. Craig Ferguson | LightRocket | Getty Images Hong Kong markets jumped almost 3% to lead gains in Asia on …

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Categories World

Nvidia rally overnight lifts chip-related stocks in Asia on AI optimism

by Adrian Jhonsan
Nvidia rally overnight lifts chip-related stocks in Asia on AI optimism

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) …

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TravelPerk acquires US rival AmTrav, bags $135 million for expansion

by Ev Richard
TravelPerk acquires US rival AmTrav, bags 5 million for expansion

Avi Meir, CEO and co-founder of corporate travel management startup TravelPerk. TravelPerk LONDON — TravelPerk, a European corporate travel booking platform, told CNBC on Tuesday it has acquired Chicago-based startup …

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Categories Technology

SoftBank shares soar on report Elliott Management’s pushing for buybacks

by Ev Richard
SoftBank shares soar on report Elliott Management’s pushing for buybacks

The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings …

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Categories Technology

SoftBank earnings Q4 and full year FY 2023

by Ev Richard
SoftBank earnings Q4 and full year FY 2023

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, …

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Categories Technology

SoftBank’s Arm to launch AI chips by 2025 amid explosive demand

by Ev Richard
SoftBank’s Arm to launch AI chips by 2025 amid explosive demand

Arm logo displayed on a screen and and microchip are seen in this illustration photo taken in Krakow, Poland on September 14, 2023. Jakub Porzycki | Nurphoto | Getty Images …

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Categories Technology

Wayve just raised over $1 billion from Nvidia, SoftBank, Microsoft, Eclipse Ventures

by Ev Richard
Wayve just raised over  billion from Nvidia, SoftBank, Microsoft, Eclipse Ventures

Alex Kendall, 29, is the co-founder and CEO of autonomous driving startup Wayve. Source: Wayve British startup Wayve on Tuesday said it had raised $1.05 billion in an investment round …

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Categories Technology

SoftBank to invest millions in AI push, tapping Nvidia’s chips: Nikkei

by Adrian Jhonsan
SoftBank to invest millions in AI push, tapping Nvidia’s chips: Nikkei

Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Japanese tech conglomerate SoftBank is looking to …

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Categories World
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