Enterprise AI leader Glean raised over $260 million in its latest Series E financing round, with the company's valuation reaching $4.6 billion, doubling from $2.2 billion six months ago. This round was co-led by Altimeter and DST Global, with participation from several investment firms including Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2. Along with the financing, Glean launched Work AI.

SoftBank is in discussions with Intel to collaborate in order to challenge Nvidia's market dominance in the AI chip sector. As a globally recognized investment company, SoftBank is increasingly interested in the AI chip market and seeks to partner with traditional chip manufacturer Intel to enhance its market position. Intel's transformation strategy and AI chip development make it an ideal partner. The potential synergies from this collaboration are attracting attention, and market analysts believe it will have a profound impact on the AI chip industry. With the rapid advancements in artificial intelligence technology, AI chips are crucial for applications like autonomous driving.

Skild AI recently announced a $300 million funding round, aiming to create a general artificial intelligence system known as the 'Robot Brain'. This startup, originated from Carnegie Mellon University, is focused on developing intelligent systems that can be adapted to various machines and robotic devices. The leaders of this round of funding include Jeff Bezos through his venture company Bezos Explorations, SoftBank Group, Lightspeed Venture Partners, and Coatue. Following this round of funding

SoftBank recently officially announced the acquisition of the UK artificial intelligence chip company Graphcore, making it a fully-owned subsidiary. Although the specific transaction amount has not been publicly disclosed, Graphcore co-founder and CEO Nigel Toon stated that this is a positive outcome for most people. Graphcore was founded in 2016 and is headquartered in Bristol, UK, where it developed a new processor called the "Intelligent Processing Unit" (IPU). Unlike the Graphics Processing

Son Masayoshi, the founder of SoftBank, plans to invest $10 billion globally in the AI and chip sectors.As reported by The Information, SoftBank is currently in talks with banks to invest $10 billion in AI energy projects and intends to acquire a large number of NVIDIA GPUs. Son Masayoshi positions SoftBank as a leader in the global AI race, focusing on the construction of critical infrastructure.Image Source Note: The image is generated by AI, and the image authorization service provider is Mid

Insiders reveal that Japan's technology investment giant, SoftBank Group, is seeking financing for a massive $10 billion AI-related investment plan. This significant investment is primarily focused on the energy sector and reflects the profound impact of the current AI boom on traditional industries.After a near silence of nearly a year, SoftBank CEO Masayoshi Son has recently re-emerged in the public eye. He has expressed great enthusiasm for the future development of AI and outlined his ambiti

SoftBank Group has partnered with Tempus AI to create a new joint venture aimed at utilizing artificial intelligence (AI) to analyze personal medical data and provide treatment recommendations. SoftBank Group CEO Masayoshi Son announced the news at a press conference in Tokyo.

SoftBank Group's stock price climbed due to Masayoshi Son's plan to establish a $10 billion AI chip company. Son will invest $30 billion, with plans to name the company Izanagi, competing in the global semiconductor market. This initiative could surpass Microsoft's investment in OpenAI, and Son has high hopes for the future of artificial intelligence. SoftBank's stock rose by 30%, as Son sees immense opportunities in the AI sector.

SoftBank Group founder Masayoshi Son plans to raise up to $100 billion through a new chip startup project named Project Izanagi. The initiative aims to establish an AI chip company that will compete directly with Nvidia. The project will contribute to the development of Artificial General Intelligence (AGI), a field that Son is passionate about. This move is intended to make AGI a reality within the next decade, although it remains unclear whether the artificial intelligence processors of Project Izanagi will rely on the instruction set architecture (ISA) developed by Arm.

In this wave of AI, SoftBank's conservative investments have caused them to miss opportunities with multiple AI unicorns. The investment strategies and models of SoftBank are difficult to replicate from past successes, resulting in missed chances. Both SoftBank and Masayoshi Son face internal challenges with frequent executive turnover. While Son has shown a proactive approach in the AI sector, SoftBank as a whole continues to lean towards conservative investments. SoftBank and Son are facing the overall downturn in the venture capital industry.

SoftBank and Walmart have established a joint venture called GreenBox Systems to promote AI warehouse technology to small and medium-sized enterprises (SMEs). GreenBox Systems will utilize Symbotic's AI warehouse systems to provide warehousing automation services to SMEs. Symbotic's system can enhance warehouse efficiency and reduce costs, potentially bringing significant benefits to SMEs. SoftBank's investment in GreenBox Systems amounts to $100 million, aimed at advancing AI warehouse technology in...

OpenAI is securing over $1 billion in funding from SoftBank Group to develop an AI smartphone for consumers. OpenAI CEO Sam Altman has hired former Apple designer Jony Ive to create this 'iPhone of AI'. OpenAI aims to allow users to interact with AI more intuitively through this device. Estimates suggest that OpenAI's current valuation is between $80 billion and $90 billion, nearly tripling since the beginning of the year. OpenAI is in deep discussions with SoftBank founder Masayoshi Son for a new round of financing.

1. Arm is a cornerstone company of the mobile era, with its chips widely used in smartphones and other consumer electronics. 2. SoftBank plans to take Arm public in the U.S., aiming for a valuation of $60-70 billion. 3. Arm hopes to become the cornerstone processor for the AI era, with funds raised from the IPO to invest in AI startups.

This article discusses SoftBank's launch of SB Intuitions, a project aimed at building language models (LLMs) and generative artificial intelligence in Japanese. This is crucial for the development of intelligent applications in the Japanese language and helps meet the needs of the Japanese market. Therefore, this article is highly recommended for users to read.