El CEO de SoftBank dice que una inteligencia artificial 10 veces más inteligente que los humanos podría llegar en unos años

Masayoshi Son, CEO de SoftBank, platicó con los accionistas de la empresa durante la reunión general el pasado viernes.

News and Trends

Perplexity AI Raises USD 62.7 Mn Funding and Valued at USD 1 Bn Valuation

The raised funds will be used to expand usage among consumers and knowledge workers within enterprises.

Business News

SoftBank's billion-dollar bet pays off

SoftBank achieves a substantial financial boost from a telecom merger presenting a mixed risk-reward scenario for potential investors.

Business News

'It Is Wrong to Say That AI Cannot Be Smarter Than Humans': SoftBank CEO Makes Bold Prediction About Where AI Will Be in 10 Years

SoftBank CEO Masayoshi Son predicts artificial general intelligence will be 10 times smarter than the sum of all human intelligence.


How SoftBank Has Changed Its Investing Strategy Since Entering India

The investment conglomerate is shifting from investing in startups valued at $5 billion to startups valued at roughly $2 billion. Additionally, it reduced cheque amounts from $1 billion to $100-150 million.

News and Trends

SoftBank Sells 2% Stake In Paytm In Series Of Open Market Transactions

The market value of the total sale was not declared in the company's regulatory filing, but reports said that it could be worth around $120 million

News and Trends

Unicorns Should Prepare For A Long Funding Winter, Says Masayoshi Son

The SoftBank CEO also said that the rate of new investments in startups will be half or could be as small as a quarter in compared to the last year

News and Trends

Biofourmis Raises $100 Mn In Series C Round Led By SoftBank

Biofourmis will utilize the fresh fund to expand its operation globally and advance its digital therapeutics pipeline

News and Trends

With Byju's, OYO, Ola in its Kitty, Sequoia is the Top Investor in India

Sequoia Capital India is the top investor on the Hurun India top unicorn investors list 2020 with eight unicorns investments, followed by Softbank, Steadview Capital and Saif Partners

News and Trends

WeWork To Pump $100 Mln Into India Business

In Friday's statement, the company said that WeWork India was already profitable and played an important role in the global scheme of business.

News and Trends

Masayoshi Son-Funded Start-Ups Not Going 'Soft' On Employees

With Vision Fund II in sight, Softbank's portfolio companies in India and across the world are cutting jobs in order to reduce losses and shore up investor sentiment.

News and Trends

Among VCs, Softbank Appeared The Most In Indian Media Followed By Sequoia and Tiger Global

Softbank reportedly suffered $6.5 billion in operating losses from investments in cash-burning businesses including New York-based real estate firm WeWork, and cab-hailing service Uber.

News and Trends

Will Vision Fund 2 Save SoftBank in 2020?

The Japanese conglomerate is likely to announce the first close of the fund at around $30 billion in the first quarter of next year, according to a media report

News and Trends

From Towering Achievements to Inexplicable Ambiguity: SoftBank's Journey So Far

Entrepreneur India traces the ebb and flow of SoftBank's journey over the years

News and Trends

5 Key Highlights From Softbank CEO Masayoshi Son's Earnings Presentation

"Regret decision to invest in WeWork," said Son on Softbank's post-earnings conference call with the press