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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
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
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…
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
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
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
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
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
5 mins read
OpenAI turmoil is a bad look for its huge funding round, VCs say. 'I would vote with my feet.'
OpenAI is on the verge of closing one of the biggest funding rounds in startup history, but can its…
Darius Rafieyan,Ben Bergman,M…
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
2 mins read
E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources
Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…
PTI
2 mins read
SoftBank's Vision Fund posted a record $8 billion profit in the third quarter as its bets on DoorDash and Uber paid off
Booming markets - particularly for tech - helped SoftBank's Vision Fund bring in record 3rd-quarter…
Harry Robertson
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…