Search results
Results from the WOW.Com Content Network
Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. Cristal will first roll out in Son’s own ...
SoftBank Group CEO Masayoshi Son on Monday said he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate customers. The ...
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments. The report ...
Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. [2] The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029.
In April 2023, it was known that Masayoshi Son's SoftBank Group would sell its early-stage venture capital arm SoftBank Ventures Asia to Singapore-based The Edgeof, a newly formed investment firm led by Son's youngest brother, Taizo Son, as SoftBank Group grappled with steep losses in a myriad of investments made around the world. [207]
(Reuters) -SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a valuation of $300 billion, including the new funds, sources said ...
LY Corporation (LINEヤフー株式会社, Rain Yafū Kabushiki-gaisha, lit. ' Line Yahoo Corporation '), trading as LYC, [1] is a Japanese internet company owned by A Holdings, a joint venture between SoftBank Group of Japan, and Naver Corporation of South Korea, [2] founded in 2023 by the merger of Z Holdings, and four subsidiaries including Line Corporation and Yahoo!
A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.