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OpenAI Raises $110B at $730B Valuation From Amazon, NVIDIA, SoftBank
Softbank

OpenAI Raises $110B at $730B Valuation From Amazon, NVIDIA, SoftBank

OpenAI secures historic $110 billion funding round with $50B from Amazon, $30B each from NVIDIA and SoftBank, reaching $730B pre-money valuation.

OpenAI and SoftBank Pour $1B Into SB Energy for Stargate Data Centers
Softbank

OpenAI and SoftBank Pour $1B Into SB Energy for Stargate Data Centers

OpenAI and SoftBank each invest $500M in SB Energy to build 1.2GW Texas data center, advancing the $5 trillion Stargate AI infrastructure initiative.

Japan's AI Demand Expected to Surge 320x by 2030, Says SoftBank Executive
Softbank

Japan's AI Demand Expected to Surge 320x by 2030, Says SoftBank Executive

During NVIDIA AI Day Tokyo, SoftBank's Kuniyoshi Suzuki projected a 320x increase in Japan's AI computing demand by 2030, emphasizing the need for domestic technological infrastructure.

NVIDIA and SoftBank Accelerate AI Factory Deployment in Japan
Softbank

NVIDIA and SoftBank Accelerate AI Factory Deployment in Japan

NVIDIA collaborates with SoftBank to rapidly deploy AI factories using DGX SuperPOD technology, marking a significant step in Japan's AI innovation landscape.

AI-RAN: Revolutionizing Telecom with NVIDIA's Cutting-Edge Technology
Softbank

AI-RAN: Revolutionizing Telecom with NVIDIA's Cutting-Edge Technology

NVIDIA's AI-RAN technology, in collaboration with SoftBank, is transforming telecom networks, offering multi-purpose infrastructure and opening new AI opportunities for telcos.

NVIDIA and SoftBank to Propel Japan into AI Leadership with Supercomputer Initiative
Softbank

NVIDIA and SoftBank to Propel Japan into AI Leadership with Supercomputer Initiative

NVIDIA CEO Jensen Huang and SoftBank's Masayoshi Son outlined plans to establish Japan as a leader in AI technology during the AI Summit in Tokyo.

NVIDIA and SoftBank Collaborate to Propel Japan's AI Advancements
Softbank

NVIDIA and SoftBank Collaborate to Propel Japan's AI Advancements

NVIDIA and SoftBank Corp. join forces to enhance Japan's AI capabilities, unveiling AI-RAN and supercomputing initiatives aimed at elevating the nation's global tech leadership.

SoftBank Vision Fund to Cut 30% of Global Workforce
Softbank

SoftBank Vision Fund to Cut 30% of Global Workforce

According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of about 150 staff.

SoftBank-Backed Web3.0 Startup MarqVision Pulls $20M in Series A Funding
Softbank

SoftBank-Backed Web3.0 Startup MarqVision Pulls $20M in Series A Funding

MarqVision, a startup known for its Artificial Intelligence (AI) powered platform,has announced it has raised the sum of $20 million in a Series A funding round

bloXroute Raises $70M in Series B Funding to Speed up DeFi transactions
Softbank

bloXroute Raises $70M in Series B Funding to Speed up DeFi transactions

As a critical infrastructure provider for quick decentralized finance (DeFi) trades on Ethereum, Polygon, and Binance Smart Chain, bloXroute has raised $70 million in Series B funding to boost its quest of reducing latency on blockchain networks.

SoftBank's Tech Division Z Holdings Eyes NFT Marketplace
Softbank

SoftBank's Tech Division Z Holdings Eyes NFT Marketplace

Z Holdings, the internet arm of Japanese multinational conglomerate SoftBank Group, is reportedly planning to launch a NFT marketplace before the end of the year.

Asia's SoftBank and Temasek Join to Fund FTX US
Softbank

Asia's SoftBank and Temasek Join to Fund FTX US

FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding.

Brazilian Crypto Firm 2TM Acquires Controlling Stake Over Portuguese CriptoLoja
Softbank

Brazilian Crypto Firm 2TM Acquires Controlling Stake Over Portuguese CriptoLoja

Softbank-backed Brazilian firm 2TM announced the company would acquire a controlling stake in Lisbon-based crypto exchange CriptoLoja.

Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M
Softbank

Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M

Football start-up NFT platform Sorare reportedly will raise 450 million euros in the financing, led by SoftBank.

Japan’s SoftBank leads $200 million investment in Brazil’s Mercado Bitcoin
Softbank

Japan’s SoftBank leads $200 million investment in Brazil’s Mercado Bitcoin

Japan SoftBank recently invested $200 million into the Mercado Bitcoin crypto exchange in Brazil, which is considered the largest raised through a Series B funding round in Latin America’s history.