Softbank

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,…

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…

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…

SoftBank-backed chip designer Arm aims to raise at least $8B in US IPO – report

Arm Ltd, the British chip designer owned by Japan's SoftBank Group Corp, is likely to aim to raise at least $8 billion from U.S. stock market this year, Reuters reported on…

SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report

China's Ant Group and Japan's SoftBank Group Corp are said to be seeking to sell their stakes in India-based digital payments firm Paytm in the open market, the Economic Times…

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Singapore-based used car marketplace Carro, which announced its expansion into Japan last week, sees many opportunities in the country as the Japan’s used car market size is…

Japan’s Softbank considers launching third Vision Fund – report

Japan-based tech investor SoftBank Group Corp is said to be considering the launch of a new giant startup fund, the Wall Street Journal reported on Wednesday, quoting people…

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NVIDIA, SoftBank announce termination of NVIDIA’s acquisition of Arm due to regulatory challenges

United States semiconductor manufacturer NVIDIA and Japanese multinational conglomerate holding firm SoftBank Group Corp announced Tuesday the termination of the previously…

Grab to debut on NASDAQ after investors approve SPAC merger

Singapore-headquartered super app Grab will list on NASDAQ on Thursday (Dec 2) after Altimeter Growth Corp’s investors approved the merger between the two companies. In a…

SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO

SoftBank-backed Indian hotel aggregator OYO has filed for a $1.14 billion initial public offering (IPO) with the local regulator on Friday. The offering will consist of a fresh…