Japan’s biggest payments app and its most famous convenience-store chain may be about to get closer. SoftBank and its payments arm PayPay are in talks to invest in Seven & i Holdings, the retailer behind 7-Eleven, according to Bloomberg, which reported the discussions on Friday. Neither the size nor the structure of any deal has […]<br /> This story continues at The Next Web [...]
The SoftBank-backed payments app is taking a 70.2% stake in T&D Financial Life, its most capital-intensive move yet from payments into full financial services. PayPay is buying its way into life i [...]
SoftBank's $6.5 billion acquisition of AI-chip designer Ampere is facing an in-depth US government probe that may delay the deal, according to Bloomberg. The Federal Trade Commission (FTC) has op [...]
In case you need further evidence that companies involved in AI chip manufacturing are looking to give themselves whatever edge they can, SoftBank is adding to its institutional expertise by buying fo [...]
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company c [...]
For three years, Microsoft's artificial intelligence story has been inseparable from OpenAI. The partnership — cemented by a cumulative investment exceeding $13 billion — gave Microsoft early [...]
SoftBank, it seems, is not done buying robots. The Japanese group is in early talks to back a new funding round of around $800m (€700m) for Agile Robots, the Munich startup that builds robot arms, w [...]
While Silicon Valley debates whether artificial intelligence has become an overinflated bubble, Salesforce's enterprise AI platform quietly added 6,000 new customers in a single quarter — a 48% [...]