SoftBank
SoftBank Speeds Up AI Innovation with $6.5 Billion Cash Acquisition of Ampere
March 20, 2025 – In a recent announcement, SoftBank Group has revealed a deal with US-based chip design firm Ampere, where the Japanese conglomerate will acquire 100% ownership of Ampere through a wholly-owned subsidiary in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will continue to operate as a…
SoftBank CEO Masayoshi Son Backs ASI, Prepares Multi-Billion Dollar Investment for Next Big Move
October 31, 2024 – According to a report by Reuters, Masayoshi Son, the CEO of SoftBank Group, reiterated on Tuesday (29th) his strong belief in the imminent arrival of Artificial Super Intelligence (ASI). He estimated that achieving this vision would require an investment of hundreds of billions of dollars. During a conference in Riyadh, Saudi…
SoftBank Reportedly to Invest up to $20 Million in AI Search Engine Perplexity Following Strategic Partnership
June 28, 2024 –In a significant move that underscores its commitment to accelerating investments in the artificial intelligence (AI) sector, SoftBank Group’s Vision Fund 2 is poised to invest between 10and20 million in Perplexity AI, an up-and-coming American AI search engine startup, valuing the company at an impressive 3billion.Thisinvestment,accordingtoBloombergsourcesfamiliarwiththematter,formspartofalarger250 million funding round that will propel…
AI-Powered Warehousing: SoftBank and Symbotic Join Forces in New Venture
July 25, 2023 – SoftBank Ventures into AI-Driven Warehousing In the bustling tech landscape of New York City today, SoftBank Corp. has set its sights on pioneering AI-related technologies. CEO Masayoshi Son, in a bold statement last month, proclaimed, “To shun AI is to forsake the future,” underlining the company’s commitment to embracing artificial intelligence….