You Searched For "softbank funding" and got 20 results
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2 mins read
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…
Hasan Chowdhury
2 mins read
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO …
Theron Mohamed
1 min read
SoftBank could invest $500 million in OpenAI, new report says
SoftBank is making a significant $500 million investment in OpenAI, highlighting the growing signif…
4 mins read
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
1 min read
Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says
Masayoshi Son believes artificial superintelligence will be achieved in 2035, and will require huge…
Matthew Fox
2 mins read
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
5 mins read
The investors behind OpenAI's historic $6.6 billion funding round
OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private invest…
Alex Bitter,Ana Altchek,Hasan…
3 mins read
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
2 mins read
OpenAI's latest funding round could be a bargain or a bust for investors
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest Americ…
Dan DeFrancesco
2 mins read
FirstCry's parent firm Brainbees Solutions gets Sebi's go ahead to float IPO
These companies -- who filed their preliminary IPO papers with Sebi between January and May 2024…
PTI
1 min read
Elon Musk called OpenAI 'evil' for telling investors not to fund his company and other rivals
The xAI founder called OpenAI "evil" after reports about OpenAI asking investors not to fund its ri…
Lloyd Lee
2 mins read
VCs are rushing to meet with former OpenAI CTO Mira Murati in hopes of funding a new company
Venture capitalists pursue Mira Murati after her departure from OpenAI, as the company closes in on…
Sri Muppidi
3 mins read
Middle East wealth funds are scrambling to rescue their big bets on the future
The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …
Hasan Chowdhury
4 mins read
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
1 min read
Zomato stock up after 10 crore shares worth ₹947 crore change hands
Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…
2 mins read
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
4 mins read
Paytm stock searches for a new bottom despite assurances by the management
The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…
1 min read
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…
1 min read
SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery
Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 cror…
1 min read
IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: Report
FirstCry CEO has also listed himself as a selling shareholder in the public issue, according to the…