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SOFTBANK AI INVESTMENT
SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk"The business model will be viable because by 2040, if AI revenue makes up 20% of global GDP, spending 800 trillion yen a year is a roundin...- SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund financesSoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBan...
- India’s AI upstarts rake in $1 billion in H1 2026 as VCs double downIndian AI startups secured over one billion dollars in funding. This investment surge reflects a growing focus on frontier technology. Sarv...
- SoftBank, fintech firm PayPay in talks to invest in retail giant Seven & i: ReportThe investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also ...
- Global markets are mixed and oil prices rise as Iran and US launch new attacksGlobal markets show mixed early trading as oil prices rise modestly. Fresh attacks between Iran and the United States threaten a fragile re...
- Inside Telegram’s leak economy; Flipkart employees’ latest windfallNon-consensual image rings are turning small UPI transfers into tickets to abusive, closed Telegram groups. This and more in today’s ETtech...
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
- SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
- WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
- SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
- Japan plans sovereign AI model, 10 million AI robotsJapan plans to develop a homegrown artificial intelligence model and have 10 million AI-equipped robots operating in more than a dozen sect...
- US stocks: US market ends lower as tech stocks weigh on sentimentWall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies sur...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
- Agility Robotics heads to Wall Street in a $2.5 billion bet on staffing warehouses with humanoidsAgility Robotics, an AI-driven humanoid robotics for warehouse operations, plans to go public with a remarkable $2.5 billion valuation. Thi...
- Talk of a bubble is an 'insult to AI' says SoftBank's SonMasayoshi Son, SoftBank's CEO, dismissed concerns about an AI bubble, calling it an "insult to AI" and emphasising its nascent stage with v...
- Japan's Nikkei slides to one-week low as profit-taking hits tech stocksJapan's Nikkei index tumbled to a one-week low after a streak of all-time high gains, as investors decided to cash in on profits. The pullb...
- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...
- SoftBank launches cybersecurity product based on OpenAI modelsThe "Patching as a Service" product will be rolled out in Japan through a joint venture established last November between SoftBank's dome...
- SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
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