Softbank
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).
SoftBank-backed chip designer Arm aims to raise at least $8B in US IPO – report
The preparations for the IPO are expected to be kick-started in the US in the coming days and the valuation range has not yet been finalized.
SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report
Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.
Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam
Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.
Japan’s Softbank considers launching third Vision Fund – report
Softbank would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, the people reportedly said.
NVIDIA, SoftBank announce termination of NVIDIA’s acquisition of Arm due to regulatory challenges
NVIDIA and SoftBank Group Corp announced Tuesday the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited from Softbank. Both parties have agreed to terminate the agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will…
