Softbank articles
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SoftBank earmarks another $1B to AI push
SoftBank Group set aside JPY150 billion ($960 million) to upgrade its computing infrastructure as part of a bid to create a world-class generative AI (GenAI) platform tailored to the Japanese language, Nikkei Asia reported,
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SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy
After a tumultuous year, banking-as-a-service (BaaS) startup Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, according to the two companies. The deal is pending bankruptcy court approval. Founded in 2017, Mountain View-based TabaPay is an instant money movement platform that SoftBank backed in a 2022 round of an […] © 2024 TechCrunch. All rights reserved. For personal use only.
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SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips
SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.