SoftBank

Financial Giant Cantor Launches Cryptocurrency Firm with Support from Tether and SoftBank

28 days ago

In a significant move signaling the growing acceptance of digital currencies in the finance sector, investment firm Cantor Fitzgerald is set to launch its own cryptocurrency firm backed by heavyweight players Tether and SoftBank. This strategic initiative is poised to mark a new chapter in Cantor's operational landscape, further entrenching its foothold in the evolving crypto market.

Cantor Engages in Talks to Launch $3 Billion Crypto SPAC with Tether, XDT, and SoftBank

29 days ago

In a groundbreaking move within the cryptocurrency and financial sectors, Cantor Fitzgerald is reportedly in advanced discussions to establish a special purpose acquisition company (SPAC) valued at $3 billion, in collaboration with prominent partners Tether, XDT, and the investment giant SoftBank. This development underscores the growing integration of traditional financial avenues with the burgeoning realm of digital assets.

SoftBank to Secure Historic $16.5 Billion Loan for AI Projects in the U.S.

2 months ago

In a bold move set to shake up the artificial intelligence landscape, SoftBank Group Corp. is reportedly pursuing an unprecedented $16.5 billion loan aimed at bolstering its investments in AI initiatives across the United States. This financial maneuver comes at a time when the technology industry is witnessing a surge in interest and competition surrounding AI advancements.

SoftBank's Ambitious $1 Trillion Investment in U.S. AI Developments

2 months ago

Reports have emerged suggesting that Japan's SoftBank Group Corp. is considering a monumental pledge of $1 trillion to bolster artificial intelligence initiatives in the United States. This bold move comes as the global race for AI supremacy continues to escalate, with countries and corporations vying to establish themselves as leaders in this transformative technology.

Paulus Strikes Deal to Acquire SoftBank-Backed Alto Pharmacy

2 months ago

In a significant move within the healthcare industry, Paulus has reportedly agreed to acquire Alto Pharmacy, a pharmacy delivery service that has garnered backing from the telecommunications giant SoftBank. This acquisition marks a pivotal step for Paulus as it seeks to expand its footprint in the rapidly evolving pharmaceutical sector.

OpenAI Nears $40 Billion Funding Round Led by SoftBank

2 months ago

In a move that underscores the rapidly evolving landscape of artificial intelligence investment, OpenAI is reportedly close to securing a monumental funding round valued at $40 billion. This significant financial boost is being spearheaded by the Japanese conglomerate SoftBank, following extensive discussions that have highlighted the increasing interest of major investors in AI technologies.

Wayve's Self-Driving Revolution: Almost Ready for Commercial Launch

2 months ago

In a significant stride towards the future of autonomous transportation, Wayve, a self-driving technology firm backed by SoftBank, is on the brink of launching its self-driving vehicles commercially. The London-based company has been making waves in the industry with its innovative machine-learning algorithms that allow cars to navigate urban environments without pre-mapped data. This paradigm shift could potentially redefine how we think about self-driving technology and its integration into everyday life.

Leadership Shake-Up: Cybereason's CEO Resigns Amidst Boardroom Turmoil

3 months ago

In a stunning turn of events, Cybereason, a cybersecurity firm backed by SoftBank, has announced the resignation of its CEO, Lior Div. This unexpected departure comes in the wake of significant internal strife within the company's board of directors that has raised eyebrows about the company’s stability moving forward.

SoftBank-Backed Cybereason Faces Leadership Shakeup as CEO Resigns Amid Boardroom Turmoil

3 months ago

In a significant move within the cybersecurity landscape, Cybereason, a company supported by SoftBank, has announced the resignation of its Chief Executive Officer. This decision, driven by escalating tensions among the company’s board members, marks a pivotal moment for the firm, which has been positioning itself as a key player in the competitive cybersecurity market.

SoftBank's Arm: Pivotal Partner in Malaysia's Semiconductor Growth Strategy

3 months ago

In a significant move set to bolster Malaysia's ambitions in the semiconductor industry, SoftBank's Arm has engaged in a collaborative effort aimed at developing advanced chip technologies within the Southeast Asian nation. This partnership comes against the backdrop of a burgeoning global chip market and the increasing demand for sophisticated semiconductor solutions that power everything from smartphones to artificial intelligence.