NewsBytes50m
SoftBank pours $670M to convert factory into AI data center
Japanese multinational investment firm, SoftBank, has confirmed its plans to invest $672 million in a former Sharp factory.
SoftBank in talks to borrow $16 billion to fund AI, The Information reports
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, ...
Today’s Cache | Meta to begin X-style fact-checking; India watchdog may limit satellite permits; OpenAI and SoftBank’s AI data centre plan
Meta to begin X-style fact-checking. Meta is set to apply the Community Notes-style of fact-checking that was implemented on ...
SoftBank Considers Borrowing $16 Billion to Fund AI
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, ...
SoftBank bets $130mn on robot-assisted solar farm company
FREE TO READ] Also in today’s newsletter, the pipeline of US data centre capacity exceeded 92GW by the end of 2024 ...
JX Metals Cuts Price of Japan’s Biggest IPO Since Softbank
JX Advanced Metals Corp. cut the proposed price of what will likely be Japan’s biggest initial public offering since 2018, ...
Business Insider2d
AI video startup OpusClip raises $20 million from SoftBank's Vision Fund 2 at a $215 million valuation
The $20 million round was led by Japanese investment giant SoftBank's Vision Fund 2, which has previously backed Glean and Klarna. Existing investors include DCM Ventures, AIGrant, and Millennium ...