The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker Micron Technology announced robust quarterly results fueled by AI demand, while eCommerce giant Alibaba.com rolled out AI tools to empower...
SoftBank’s Vision Fund, a $100 billion pool of money designed to fund tech startups, is suffering from the market’s tech selloff, the Wall Street Journal reported Tuesday (May 10). According to the report, the Japanese company is set to report results on Thursday (May 12)....
The SoftBank Vision Fund is preparing to invest $450 million in Indian food delivery startup Swiggy, Indian publication The Economic Times reported, after a few years of sitting on the sidelines as the sector grew. Bengaluru-based Swiggy would likely be valued at $5 billion. Earlier...
It’s usually folly to predict what will interest historians in the future. But there’s a good case that when it comes to chronicles of the early 21st digital economy — and these years right now, these vital and exciting bridge years between the 2000s and...
September 30, 2024
Japan’s SoftBank is reportedly planning to invest in OpenAI’s multi-billion dollar funding round. The $500 million investment would come from the bank’s Vision Fund, The Information reported Monday (Sept. 30), citing a source familiar with the matter. The news follows recent reports that OpenAI was in talks to raise $6.5 billion in a funding round that would […]
May 10, 2022
SoftBank’s Vision Fund, a $100 billion pool of money designed to fund tech startups, is suffering from the market’s tech selloff, the Wall Street Journal reported Tuesday (May 10). According...
April 15, 2021
The SoftBank Vision Fund is preparing to invest $450 million in Indian food delivery startup Swiggy, Indian publication The Economic Times reported, after a few years of sitting on the...
March 06, 2019
Grab, the Southeast Asian ride-hailing startup, has raised more than $4.5 billion in a round of funding led by SoftBank‘s Vision Fund. According to a report in The Financial Times, Grab...
