SoftBank
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….