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Why is tech giant SoftBank investing over $100 billion in the US?Japanese tycoon Masayoshi Son pledged a $100 billion investment in U.S. projects, aiming to create 100,000 jobs through AI infrastructure d...- SoftBank trades above record-high close in win for Masayoshi SonSoftBank's shares surge on AI and chip investments, led by Masayoshi Son's strategic moves with key partnerships and focus on energy-effici...
- 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...
- Saudi Arabia plans $40-billion push into artificial intelligenceIn recent weeks, representatives of Saudi Arabia's Public Investment Fund have discussed a potential partnership with Andreessen Horowitz, ...
- WeWork saga cost Masayoshi Son $11.5 billion and his credibilitySon overrode his lieutenants’ objections and handed WeWork founder Adam Neumann billions of dollars from both SoftBank Group Corp. and the ...
- SoftBank-backed fallen pizza startup Zume shuts down after raising millionsFounded in 2015, the company was one of many attempting to use robots to make pizza. The concept never took off, and the technology was pla...
- SoftBank’s Masayoshi Son and Alibaba’s Jack Ma part waysWhile the departures are unlikely to have an impact on either company, they mark the end of an era.
- Robot food startups have a new pitch: No humans touch your lunchBefore the pandemic, robot-prepared food companies were a hit with investors, but ambitious sales goals didn’t materialize.
- TikTok's parent, ByteDance, launches global hiring spree with 10,000 new jobsLike rival Tencent Holdings Ltd, ByteDance’s social media channels have seen usage spike after the Covid-19 pandemic confined millions of p...
- Virus hit Oyo puts Son's $2 billion guarantee at riskOyo risks turning into another problem startup for SoftBank and Son, still reeling from WeWork's meltdown.
- Backed by SoftBank, Herman Narula’s Improbable is struggling to revolutionize gaming industryImprobable has set up studios and bought Midwinter Entertainment, a Washington state-based SpatialOS developer, in September. No games are ...
- SoftBank CEO faces tougher questions in US after market plungeThe Vision Fund is recovering from a series of stumbles. WeWork’s plan to go public last year imploded, forcing SoftBank to arrange a rescu...
- SoftBank’s Son to pitch US investors under cloud of WeWorkSon, who often goes by the nickname Masa, controls more than a quarter of SoftBank stock through various vehicles, and the company bylaws r...
- We made pizza. We made robots. Why not robot pizza?The pizza-making robot is really good at making the easiest part of the pizza. But a system need not be artificially intelligent to be effi...
- SoftBank-backed Oyo lays off thousands across India, ChinaSoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.
- Unicorns have to live in the now, not the starry futureThe struggles of SoftBank-backed Uber and WeWork are justifiably calling attention to the downsides of motives to grab for the the biggest ...
- Softbank may invest in startup with robots that make pizza in delivery trucks en route to customersThe investment shows SoftBank’s Vision Fund's broader ambitions to attach itself to the food-delivery businesses.
- Before the robots rise up, they'll be making your next pizzaMarta is one of two robots working at Zume Pizza, a secretive food delivery startup trying to make a more profitable pizza through machines.
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