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The Wall Street Journal reported earlier on Thursday that OpenAI was in talks with SoftBank for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion.
Trump said the investments in building artificial intelligence infrastructure would create 100,000 jobs, twice the 50,000 promised when Son pledged $50 billion in U.S. investments after Trump's ...
The SoftBank Vision Fund is a venture capital fund founded in 2017. It is managed by SoftBank Investment Advisers, a subsidiary of the SoftBank Group. With over $100 billion in capital, it is the world's largest technology-focused investment fund. [2] In 2019, SoftBank Vision Fund 2 was founded. [3] [4]
Japanese technology group SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds. The company's investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia. The announcement will come days after Trump vowed to expedite federal ...
PALM BEACH, Florida (Reuters) -President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that SoftBank would invest $100 billion in the U.S. over the ...
SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds. The company's investment portfolio includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia. Earlier this year, it joined a partnership with Saudi Arabia to build a robot factory in Riyadh.
Trump said the investments in building artificial intelligence infrastructure would create 100,000 jobs, twice the 50,000 promised when Son pledged $50 billion in U.S. investments after Trump's victory in 2016. Son, a founder and CEO of SoftBank Group, is known for making bold choices that sometimes pay big and sometimes don't.
The investment branch of the Japanese telecom company, SoftBank Corp., [7] the SoftBank Capital firm was established and initially led by four partners: Ron Fisher, Eric Hippeau, Steve Murray, and Michael Perlis. The company is a member of National Venture Capital Association. [citation needed]