SoftBank’s Imminent $500M Backing for OpenAI at a $150B Valuation
The strategic alliance between SoftBank and OpenAI marks a pivotal moment in the AI sector. SoftBank’s Vision Fund is set to inject $500 million into OpenAI, valuing the AI giant…
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SoftBank Completes Acquisition of Graphcore A Strategic Move
The acquisition of UK-based AI company Graphcore by Japanese conglomerate SoftBank has been confirmed. It is a significant step in the expansion of SoftBank's technological portfolio.Graphcore's integration into SoftBank promises…
Graphcore acquired by Japan’s SoftBank
UK-based artificial intelligence (AI) chip maker Graphcore has been acquired by Japanese holding company SoftBank Group Corp. It comes after Graphcore warned last year that there was uncertainty over its…
Wayve Secures Historic $1B Funding to Propel AI in Self-Driving Cars
British AI company Wayve has catapulted to the forefront of innovation by securing $1 billion in Series C funding. Backed by SoftBank, Microsoft, and NVIDIA, this investment is the largest…
