SoftBank Invests $1.5B in OpenAI
SoftBank is investing $1.5 billion in OpenAI, allowing employees to sell their shares for around $210 each. This move increases SoftBank’s…
OpenAI Raises $1.5B From SoftBank, Allows Employee Cash-Out
SoftBank’s tender offer permits OpenAI workers to cash out up to $1.5 billion worth of shares as it buys a more significant stake in the…
SoftBank Vision Fund Co-CEO Misra to Leave Firm
According to SoftBank, Rajeev Misra, the Vision Fund co-CEO, will resign from his leadership positions at the company’s primary…
Perplexity Eyes $8B Valuation in New Funding Round
The Wall Street Journal reports that AI search engine Perplexity is in talks to raise money The $8 billion company wants to get around $500…
Swiggy Weighs $150M IPO Increase to Raise $1.4B
Indian food delivery company Swiggy is thinking about adding an extra $150 million to the fresh issue part of its initial public offering The…
Ola Electric Rises 20% in India’s Top Listing
On Friday, Ola Electric, India’s leading electric two-wheeler manufacturer, experienced a 20% increase on its public debut, marking the…
SoftBank Q1 Profit Expected, Buyback in Focus
Japan’s SoftBank Group is anticipated to report a modest first-quarter profit on Wednesday However, investors are focused on whether the…
SoftBank Buys British AI Chipmaker Graphcore
SoftBank Group of Japan bought Graphcore for an unknown amount, settling long-term speculation about its future Graphcore, a British company,…
SoftBank Losses 99% in Dotcom Bust, Now Bets Big on AI
The SoftBank Group experienced a 99% loss in Dot-com and recently achieved an all-time high stock price and a market capitalization of $97.2…