Posted inEmerging Tech & Futurism
Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
PayPay, Japan’s leading mobile payment app, has reportedly postponed its US IPO due to market volatility and recent…
Posted inEmerging Tech & Futurism
The billion-dollar infrastructure deals powering the AI boom
It takes a lot of computing power to run an AI product — and as the tech industry…
Posted inEmerging Tech & Futurism
OpenAI raises $110B in one of the largest private funding rounds in history
OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest…
Posted inEmerging Tech & Futurism
SoftBank and Nvidia reportedly in talks to fund SkildAI at $14B, nearly tripling its value
SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14…
Posted inEmerging Tech & Futurism
SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million…
Posted inEmerging Tech & Futurism
SoftBank’s Nvidia sale rattles market, raises questions
Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each…
Posted inEmerging Tech & Futurism
The circular money problem at the heart of AI’s biggest deals
SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the…