Softbank
SoftBank, Oracle team up to accelerate Japan’s AI and sovereign cloud
Oracle Corporation and SoftBank Corp. are collaborating to provide secure, compliant, and scalable sovereign cloud and artificial intelligence (AI) services to organizations in Japan.
Softbank acquires ABB’s robotics business for $5.38B
Japan-based SoftBank Group Corp. announced Wednesday that it has entered into a definitive agreement with ABB Ltd, a global technology electrification and automation firm, to acquire ABB’s robotics business for a total purchase price of $5.38 billion.
OpenAI, Oracle, and SoftBank expand five new AI data center sites in US for $500B Stargate project
OpenAI, Oracle, and SoftBank are announcing five new U.S. artificial intelligence (AI) data center sites under Stargate, OpenAI’s overarching AI infrastructure platform.
SoftBank, Meta, and others team up to build submarine cable system connecting Japan and Singapore
Japan-based SoftBank announced Monday that it is collaborating with Meta, IPS, TM Technology Services, and PT XLSmart Telecom Sejahtera to develop a new international submarine cable system, "Candle", that will connect Japan and Singapore.
GIC, SoftBank could sell stake in Vietnam’s fintech firm VNLife – report
The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest.
Japan’s SoftBank to invest $2B in global technology firm Intel
Japanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock.
Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal – report
Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said.
Arm and SoftBank contribute $15.5M to advance AI through Carnegie Mellon University’s partnership with Keio University
Carnegie Mellon University (CMU), Arm and SoftBank Group Corp. (SBG) announced last Thursday that Arm and SBG will contribute $15.5 million to CMU to support its partnership with Keio University (Keio), a collaboration to accelerate the global advancement of artificial intelligence (AI).
SoftBank, Tether, Bitfinex team up to launch Bitcoin-native venture
SoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP).
OpenAI to raise $40B in Softbank-led funding at $300B valuation
OpenAI Global, LLC, a United States-based artificial intelligence (AI) research and development company, has announced a new funding of $40 billion led by Softbank at a post-money valuation of $300 billion.
