Search results for SoftBank Group
Crypto
Bitcoin stays near $77,000, shaken by weak bonds and Asian stocks
Bitcoin’s on-chain demand indicator has turned negative again after rebounding in August. Cointelegraph reported that bitcoin briefly fell to around $76,400 on Sept. 1 before recovering part of the $77,000 level. The drop followed $236 million of outflows from spot bitcoin ETFs. Asian stock markets fell, while the dollar-yen pair showed unusual moves that markets read as a potential central bank intervention signal.
AI & Enterprise
SBVA hires two new venture partners
SBVA said on Wednesday it has hired Chris Lee (이지행), a former partner, and Kaz Yoshimaru (카즈 요시마루), a former director, as venture partners. The company said the hires, both former SoftBank Vision Fund investment professionals, will further strengthen its global investment capabilities. SBVA said it plans to actively support overseas market entry and business expansion for its portfolio companies.
AI & Enterprise
Nvidia in talks to invest in Perplexity at $30 billion valuation
Nvidia is discussing a potential investment in AI startup Perplexity, Reuters reported on Aug. 24, citing The Information. Sources said the investment would be an equity funding round and Perplexity’s valuation is expected to exceed $30 billion. If completed, the valuation would rise by more than 50 percent from a funding round a year earlier. The Information reported Perplexity’s annualised revenue has climbed to more than $750 million.
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AI & Enterprise
OpenAI to lease 10-GW Ohio data centre for 20 years; Nvidia to guarantee up to $105 billion in rent
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AI & Enterprise
Masayoshi Son says human era is over, challenges AI bubble claims
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AI & Enterprise
SoftBank to enter U.S. AI cloud computing market with SB Neo launch
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Games & Commerce
Cafe24 launches e-commerce integration service with Japan\'s NE
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Finance
SoftBank shares tumble more than 12 percent on Apple shock; Samsung, SK Hynix slide
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AI & Enterprise
Commercial security services based on advanced AI models spread
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Industry
Nikkei breaks 72,000 for first time as Japan AI bet lifts semiconductor, robot stocks
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AI & Enterprise
AI-focused M&A gains pace as big cloud firms step up security expansion
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AI & Enterprise
SoftBank launches new cybersecurity product based on OpenAI model
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AI & Enterprise
Asia tech stocks rally on U.S.-Iran war-end deal, SoftBank jumps 12 percent
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World News
Five largest IPOs revisited as SpaceX plans listing
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AI & Enterprise
OpenAI considers mega data centre in Ohio backed by Nvidia
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AI & Enterprise
SoftBank overtakes Toyota in intraday market cap, becomes Japan\'s top company for first time in 22 years
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Crypto
Tether buys 26 percent stake in SoftBank-held Twenty One Capital, strengthens control
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AI & Enterprise
SoftBank pushes to develop in-house AI servers with Nvidia, Foxconn