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GIC, SoftBank could sell stake in Vietnam’s fintech firm VNLifeSingapore’s GIC Pte Ltd and Japan’s SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm VNLife, Bloomberg reported on Tuesday, quoting people with knowledge of the matter. The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest, the people...0 Kommentare 0 Geteilt 2KB Ansichten 0 Bewertungen
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Japan’s SoftBank to invest $2B in global technology firm IntelJapanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor...0 Kommentare 0 Geteilt 2KB Ansichten 0 Bewertungen
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Japan’s SoftBank to invest $2B in global technology firm IntelJapanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor...0 Kommentare 0 Geteilt 2KB Ansichten 0 Bewertungen
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OpenAI raises $40B in Softbank-led funding at $300B valuationOpenAI Global, LLC, a United States-based artificial intelligence (AI) research and development company, has announced a new funding of $40 billion led by Softbank at a post-money valuation of $300 billion. OpenAI said in a statement on Monday that the funding enables the firm to push the frontiers of AI research even further, scale its compute infrastructure, and deliver increasingly powerful...0 Kommentare 0 Geteilt 8KB Ansichten 0 Bewertungen
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OpenAI, Oracle, and SoftBank expand five new AI data center sites in US for $500B Stargate projectOpenAI, Oracle, and SoftBank are announcing five new U.S. artificial intelligence (AI) data center sites under Stargate, OpenAI’s overarching AI infrastructure platform. The trio said in a statement on Wednesday that the combined capacity from these five new sites – along with its flagship site in Abilene, Texas, and ongoing projects with CoreWeave – brings Stargate to nearly...0 Kommentare 0 Geteilt 799 Ansichten 0 Bewertungen
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SoftBank, Meta, and others team up to build submarine cable system connecting Japan and SingaporeJapan-based SoftBank announced Monday that it is collaborating with Meta, IPS, TM Technology Services, and PT XLSmart Telecom Sejahtera to develop a new international submarine cable system, “Candle”, that will connect Japan and Singapore. SoftBank said in a statement that NEC Corporation has been contracted as the system supplier. Candle is an approximately 8,000 km submarine...0 Kommentare 0 Geteilt 734 Ansichten 0 Bewertungen
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SoftBank, Tether, Bitfinex team up to launch Bitcoin-native ventureSoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP). Cantor said in a statement on Wednesday that Twenty One, a newly formed entity, has entered into a definitive agreement for a business combination with CEP, a special-purpose acquisition company (SPAC) sponsored...0 Kommentare 0 Geteilt 8KB Ansichten 0 Bewertungen
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US’s Terabase secures $130M Series C from SoftBank to accelerate construction of utility-scale solarTerabase Energy, a global digital and automation solutions for utility-scale solar power, has announced the closing of its $130 million Series C financing round. Led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors, this round brings the company’s total funding to over $200 million, Terabase said in a statement on Thursday. The new funding...0 Kommentare 0 Geteilt 9KB Ansichten 0 Bewertungen
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