SoftBank’s Masayoshi Son Readies For ‘Next Big’ Investment Move After Setback From Alibaba, WeWork: ‘Without Fear Of…Hit Or Miss’
Son's recent statement indicates his readiness to re-enter the investment arena.
What’s New In the Consumer Tech World Last Week? News That You Should Know (June 9-June 15, 2024)
Billionaire entrepreneur Mark Cuban thinks that efforts by the U.S. government and investors in proprietary large-language models to regulate artificial intelligence (AI)…
Data Leak In Masayoshi Son’s SoftBank-Backed Internet Company Causes Strain In Japan-South Korea Relations
The breaches were attributed to insecure systems at Seoul-based Naver, which co-owns the company.
Elliott’s Bold Play: SoftBank’s AI Dreams Vs. Investor Demands
Elliott Investment Management demands $15B share buyback from SoftBank, questioning CEO Son's ability to learn from past mistakes and focus on AI.
Elliott Management Rebuilds Significant Stake In Masayoshi Son’s Softbank, Pushes For $15B Share Buyback: Report
The fund's move comes as the gap between SoftBank's asset value and its market valuation reaches unprecedented levels.
Masayoshi Son’s Softbank Beats Analyst Expectations: Record Staggering $1.5B Quarterly Profit, Bolstered By Arm’s Valuation And AI
SoftBank Group Corp has reported a quarterly net profit of $1.5 billion, driven by the soaring valuation of Arm Holdings, as it continues to amass funds for its artificial intelligence expansion.
SoftBank’s Billion-Dollar Bet: Switching From Startups To Semiconductors, AI
SoftBank is in talks to acquire semiconductor startup Graphcore and recently led a $1.05 billion funding round for Wayve Technologies.
AI Favorite ARM Earnings Show Cracks Appearing In Ultra Bullish AI Story
To gain an edge, this is what you need to know today.
Nvidia Joins $1.05B Wayve Funding, Advances Automated Driving
Wayve secures $1.05 billion funding, spearheaded by Nvidia and SoftBank, to revolutionize autonomous driving. CEO Alex Kendall's strategy prioritizes adaptable AI, setting the stage for Wayve's expansion and profitability.
Jeff Bezos-Backed Perplexity AI Is Now A Unicorn After Latest Fundraise: SoftBank’s Masayoshi Son, Nvidia ‘Doubled Down’ On Support
Jeff Bezos-backed Perplexity AI has successfully secured a new funding round, which has more than doubled its valuation, making it a unicorn.