Softbank

Softbank acquires United Kingdom chip start-up Graphcore

Japanese venture capital fund Softbank Group Corp. has acquired United Kingdom chip start-up Graphcore for an undisclosed sum.

Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for developing multilingual Telco LLM

Singapore Telecommunications Limited (Singtel), Deutsche Telekom, e&, SK Telecom, SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), have signed a joint venture (JV) agreement focused on co-developing and launching a multilingual Telco Large Language Models (LLM).

Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report

Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.

Humane partners SoftBank to transform AI experience in Japan

Humane Inc has on Thursday revealed plans for a telco partnership with SoftBank Corp.(SoftBank) for the Humane Ai Pin, the first stand-alone Ai device and proprietary Ai-driven OS, CosmOS. This partnership, as part of a strategic investment opportunity, will see SoftBank become the exclusive telecom provider for Ai Pin in Japan, leveraging SoftBank’s…

SoftBank buys 51 percent stake in car software firm Cubic Telekom for $512M

Japanese telecommunications and information technology (IT) firm SoftBank Corp. has inked deal to acquire 51 percent stake in Dublin-based car software firm Cubic Telekom Ltd. for approximately EUR 473 million ($512 million).

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SoftBank to expand global IoT business in Asia-Pacific region

SoftBank Corp. (SoftBank) has on Wednesday announced that from October 2023, it will launch a full-fledged expansion of its global internet of things (IoT) business in the Asia-Pacific (APAC) region.

SoftBank partners Symbotic to establish new warehouse-as-a-service joint venture

Japanese multinational investment holding firm SoftBank Group Corp. and American robotics warehouse automation company Symbotic Inc., have on Monday announced the establishment of GreenBox Systems LLC (GreenBox), a new joint venture to address the more than $500 billion annual warehouse-as-a-service market opportunity.

SoftBank launches in-house AI chat service

SoftBank Corp., a Japan-based telecom and IT operator, has on Monday announced it launched its own artificial intelligence (AI) Chat service for internal use. As of May 29, 2023, the generative AI service is available to all SoftBank employees, a workforce of approximately 20,000 people.

SoftBank partners NVIDIA for AI data centers across Japan

Japanese multinational investment firm SoftBank Corp has partnered with American multinational technology company NVIDIA on a pioneering platform for generative artificial intelligence (AI) and 5G/6G applications that is based on the NVIDIA GH200 Grace Hopper™ Superchip and which SoftBank plans to roll out at new, distributed AI data centers across Japan.

Softbank-backed Carro reports record EBITDA in FY2023 driven by strong recurring ecosystem ancillaries

Carro, the Singapore-based online used car platform, announced Thursday that it has recorded its best ever full-year positive earnings before interest, taxes, depreciation, and amortization (EBITDA) of $4 million for its latest financial year ending March 2023 (FY2023).