Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers and no…
Read more SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing | TechCrunchOn Tuesday, SoftBank, the Japanese multinational investment conglomerate, announced they had unloaded the entirety of its Nvidia stock and invested it into OpenAI. According to the company’s latest…
Read more SoftBank Just Sold Its Entire Nvidia Stake to Bet Big on OpenAIMasayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each one seemingly more outrageous than the last. His latest move…
Read more SoftBank’s Nvidia sale rattles market, raises questions | TechCrunchIntel’s third-quarter earnings beat Wall Street expectations Thursday, results buoyed by a bump in revenue combined with larger cuts, and multiple, sizable investments over the last two months…
Read more With an Intel recovery underway, all eyes turn to its foundry business | TechCrunchA secondary share sale propelled OpenAI’s valuation, setting a new record for private companies. The Washington Post via Getty Images OpenAI has reached a new milestone: a $500…
Read more Sam Altman’s OpenAI Is Officially the World’s Most Valuable Startup at $500BIt takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a…
Read more The billion-dollar infrastructure deals powering the AI boom | TechCrunchOpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The…
Read more OpenAI is building five new Stargate data centers with Oracle and SoftBank | TechCrunchOpenAI is planning to build five new data centers in the United States as part of the Stargate initiative, the company announced on Tuesday. The sites, which are…
Read more OpenAI Teams Up With Oracle and SoftBank to Build 5 New Stargate Data CentersTechnology’s new origin stories are emerging from hubs in the UAE, Saudi Arabia, India and Africa. Unsplash+ Since the 1960s, the story of technology has followed a familiar…
Read more Decentralized Innovation: How India, UAE and Saudi Arabia Are Shaping Tech’s FutureIt takes a lot of computing power to run an AI product – and as the tech industry races to tap the power of AI models, there’s a…
Read more The billion-dollar infrastructure deals powering the AI boom | TechCrunchEarlier this month, President Donald Trump publicly called on Intel CEO Lip-Bu Tan to resign. Photo by Andrej Sokolow/picture alliance via Getty Images In its latest push into…
Read more After Tension With Washington, Intel Is Suddenly a Hot AssetOyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar…
Read more India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation | TechCrunchJapan’s SoftBank Group is likely to exit one of its biggest bets in India, Paytm, this month registering investment losses in the range of $150-200 million, sources said.…
Read more SoftBank likely to exit Paytm this monthE-commerce startup FirstCry is seeking to raise $218 million through issue of fresh shares in its initial public offering, the 13-year-old startup said in a draft prospectus filed…
Read more SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO | TechCrunchThe Japanese tech conglomerate SoftBank (OTCMKTS: SFTBY), known for its bold investments, received a $7.6 billion windfall this week. This strategic payout, tied to the 2020 acquisition of…
Read more SoftBank's billion-dollar bet pays off | EntrepreneurAKA advances the future of AI in English education as enthusiasm sparks across Japan Press Release – updated: Apr 18, 2017 Santa Monica, CA, April 18, 2017 (Newswire.com)…
Read more AKA LLC and SoftBank C&S Brings AI Social Robot ‘Musio’ to Initiate Educational Innovation in Japan
