Softbank fund articles
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SoftBank sells off Vision Fund assets as Son pivots to AI, chips
SoftBank Group Corp.’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed holdings in recent years, a sign of founder Masayoshi Son’s shift away from the venture capital deals that were once an obsession and toward strategic investments in semiconductors and artificial intelligence.Since the end of 2021, the world’s biggest startup fund has seen its US-listed portfolio shrink by almost $29 billion, as it sold down stakes in companies such...
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SoftBank, Nvidia back AI driving start-up in $1B funding round
UK-based Wayve bagged almost $1.1 billion in its latest investment round, cash set to be used to accelerate efforts to launch AI products designed for autonomous driving systems.
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SoftBank leads $1 billion funding for UK self-driving startup Wayve
British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles of its Embodied AI technology that can learn from and adapt to human behavior. Nvidia also contributed in the Series C funding round as a new investor, as did existing investor Microsoft. The latest funding brings Wayve's total funds raised to just over $1.3 billion and marks the largest...