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OpenAI is just one piece of the puzzle in SoftBank's grand vision for AI
With a bet on OpenAI, Masayoshi Son will add another piece to the puzzle as he looks to bring sever…
Hasan Chowdhury
View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned
View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…
Hayley Cuccinello
What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round
Perplexity has raised hundreds of millions from Jeff Bezos and Nvidia while clashing with top media…
Geoff Weiss
Jellysmack is laying off staff as it scales back its creator program
Jellysmack, a prominent creator-economy startup backed by SoftBank, is undergoing a reorganization …
Sydney Bradley,Amanda Perelli…
Softbank-backed Saas platform Unicommerce registers 50% revenue growth in FY23
Softbank-backed SaaS platform Unicommerce has registered a 50% growth in revenue driven by onboardi…
PTI
Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank
SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…
Hasan Chowdhury
Nvidia's investment in startups has nearly tripled as other tech heavyweights pull back
Nvidia's venture investing saw a 280% year-over-year increase as the firm unleashed its cash pile o…
Filip De Mott
SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24
Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…
SoftBank-backed chipmaker Arm surges 21% in its trading debut after blockbuster $55 billion IPO
The much-anticipated debut of the chip designer comes amid a broad slump in IPO market following th…
Phil Rosen
Unicorns and startups should prepare for a longer funding winter, says SoftBank's Masayoshi Son
Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and…
SoftBank writes off about $100 million invested in bankrupt crypto exchange FTX
According to MarketWatch, the investment is now marked down to zero with SoftBank saying "it wou…
Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.
Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…
Vishal Persaud
SoftBank would cut startup funding by half this year as losses cross $13 billion
Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.…
A 'thaw in startup funding winter' as two unicorns emerge within a quarter
The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …
SoftBank-backed True Balance is set to close its Series D funding round – founder says they are focussed on lending in India
SoftBank-backed payment and financial services platform True Balance has had its share of finding t…
Here’s why Grofers may allow an American 'blank cheque' firm to buy it out instead of fighting Ambani and BigBasket for IPO
India’s grocery market is estimated to be $600 billion and less than 5% of it is organised, accordi…
Facebook-backed Meesho raises $300 million from SoftBank Vision Fund 2 – valuation jumps to over $2 billion
The round also saw participation from Meesho’s existing investors Prosus Ventures, Facebook, Shu…
Steadview Capital invests in SoftBank-backed logistics unicorn Delhivery – founder eyes an IPO in the next 15 months
Indian logistics unicorn Delhivery has raised investment from Steadview Capital. The global investm…
Softbank leads a nearly $100 million funding round for a metaverse and NFT-focused startup also backed by Snoop Dogg
The startup, called Sandbox, is a metaverse that allows players to store, trade, and monetize their…
Natasha Dailey
A former nurse at embattled telehealth startup Cerebral said that in her experience, nurse practitioners were handing out antipsychotic medicines like 'candy'
Workers and internal documents suggest the SoftBank-backed online mental-health provider put growth…