A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
Category: SOFTBANK Corporation
-
Japan Stocks Sink as Rout in Technology Shares Spreads to Asia
U.S. markets sold off on Monday after a little-known Chinese artificial intelligence start-up ignited concerns about the valuations of technology companies.
-
Trump Announces $100 Billion A.I. Initiative
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.
-
SoftBank’s Masa Son Nears His Next Big A.I. Bet: OpenAI
The Japanese tech billionaire is poised to back the start-up, as part of his pledge to go on offense when it comes to investing in artificial intelligence.
-
SoftBank’s Chief Pitches a New Path for Self-Driving Cars
Masayoshi Son, the billionaire founder of SoftBank, is trying to rally automakers around the world to join forces on autonomous-driving technologies.
-
Where Have All the Chinese I.P.O.s Gone?
Chinese companies’ stock market listings once flooded Wall Street. These days, China’s initial public offerings are in a drought.
-
Japan and South Korea Are Fighting Over an App at a Tense Time
SoftBank and Naver helped bridge geopolitical relations with a joint venture to own the operator of the messaging app Line, but now the partnership is fraying.
-
Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion
The London-based developer of artificial intelligence systems for self-driving vehicles raised the funding from SoftBank, Nvidia, Microsoft and others.
-
Adam Neumann Wants to Take Over WeWork
Adam Neumann, the co-working company’s onetime chief, has sought for months to buy the now-bankrupt business, but accuses its current leaders of stonewalling him.
-
WeWork Files for Bankruptcy Amid Glut of Empty Offices
The move is a blow for landlords who have rented space to the co-working group, which is planning a “comprehensive reorganization” that includes cutting some of its leases.
-
WeWork Misses $95 Million in Interest Payments
The skipped payments, another signs of the company’s financial troubles, are intended to start negotiations with lenders, it said.