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Not rushing our firms to public markets; no pressure to exit: SoftBank's Sumer JunejaSoftBank in India seeing a much better deal pipeline now, especially in AI, Sumer Juneja said. SoftBank's 13% stake in Lenskart, which list...- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
- Flipkart's exits; Dassault's India expansionHappy Friday! Flipkart has divested stakes in multiple startups and companies to sharpen its focus on its main business. This and more in t...
- Softbank-owned chipmaker Graphcore will invest $1.3 billion in India over 10 years: CEO Nigel ToonGraphcore, a UK chip firm, will invest $1.3 billion in India over the next decade. The company is opening its first office in Bengaluru, hi...
- TCS's muted Q2 results; chipmaker Graphcore's India betTCS kicked off earnings season on Thursday with a muted second quarter showing. This and more in today's ETtech Top 5.
- Even after strongest quarterly performance since June 2021, SoftBank to layoff 20% of its Vision Fund teamSoftBank Vision Fund layoffs 2025: SoftBank Group is reducing its Vision Fund workforce by 20%. This decision comes after the fund reported...
- SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo saySoftBank Group is set to reduce its Vision Fund team by nearly 20% globally, redirecting resources towards Masayoshi Son's ambitious AI ven...
- Masayoshi Son outlines vision to make India global chip capitalSoftBank founder Masayoshi Son met Prime Minister Narendra Modi and portfolio founders and CEOs on Wednesday as part of his ongoing India v...
- SoftBank expected to book $1.87 billion profit on IPOsAnalysts are also looking out for signs of new investment momentum driven by SoftBank's robust balance sheet and management's bullish stanc...
- Cerebras, an AI Chipmaker Trying to Take On Nvidia, Files for an IPOCerebras, a chip startup aiming to rival Nvidia, is planning its stock market debut, marking a notable IPO in the AI sector. The company re...
- Cerebras, an AI chipmaker trying to take on Nvidia, files for an IPOCerebras, based in Sunnyvale, California, unveiled its investor prospectus Monday, taking an important step toward listing its shares on th...
- SoftBank books small quarterly profit, unveils $3.4 billion buybackJapanese technology investor SoftBank Group logged 10.4 billion yen ($70.7 million) in net profit, better than a loss of 316.2 billion yen ...
- SoftBank seen posting modest profit in Q1, buyback potential in focusSoftBank Group, facing investor pressure, is set to announce its first-quarter profit. There is speculation about a major share buyback, dr...
- Japan's SoftBank acquires British AI chipmaker GraphcoreOnce touted as a rival to Nvidia, which has seen its own valuation skyrocket thanks to soaring demand for AI computer chips, Britain's Grap...
- SoftBank sells off Vision Fund assets as Son pivots to AI, chipsSoftBank is shifting focus to AI and semiconductors, while its Vision Fund is selling stakes or writing down billions of dollars worth of i...
- Nvidia rival Graphcore in need of funding as losses mountGraphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% t...
- SoftBank seeks OpenAI tie-up as Masayoshi Son plans deal spree after Arm IPOSoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its ...
- Silicon Valley AI chip startup SiMa.ai hooks key investorsThis is at least the third investment in US chip startups by VentureTech Alliance in the past month. In May, VentureTech invested when Ayar...
- AlphaICs raises $8 million in funding led by Endiya Partners, Emerald Technology VenturesThe company said it will utilise the capital to use the funds to get its Gluon AI chip into the fabrication stage, to develop its software ...
- Dell switches off stealth mode on venture arm; steps into limelight with $100mn to investThe venture arm -- which kept a very low profile when it was part of EMC -- is coming out of "stealth," including disclosing portfolio comp...
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