SoftBank | ForkLog

ForkLog 206 27.09.2025

SoftBank and Ark Investment Consider $20 Billion Investment in Tether

Japanese conglomerate SoftBank and Cathie Wood's Ark Investment are in preliminary discussions to participate in a significant funding round for Tether, according to Bloomberg.

AI translated

ForkLog 11 23.04.2025

Cantor Fitzgerald Plans $3 Billion Bitcoin Fund Launch

Financial firm Cantor Fitzgerald intends to establish a $3 billion investment fund for bitcoin ventures. The project involves SoftBank, Tether, and Bitfinex, as reported by the Financial Times (FT), citing its own sources. To implement this initiative, the partners will launch a company named 21 Capital. The project’s aim is to create a “public alternative” […]

AI translated

ForkLog 8 03.02.2025

OpenAI to Enter Japanese Market Through SoftBank Partnership

SoftBank has partnered with OpenAI to establish a joint venture in Japan, aiming to provide AI services to corporate clients. This was announced by the CEO of the Japanese group, Masayoshi Son, according to Reuters. The company, SB OpenAI Japan, will be owned by the American startup and SoftBank’s telecommunications division. Additionally, the Japanese group […]

AI translated

ForkLog 15 27.11.2024

SoftBank to Acquire $1.5 Billion in OpenAI Shares from Employees

OpenAI has allowed its employees to sell shares worth $1.5 billion as part of a tender offer from SoftBank. This was reported by CNBC, citing sources. The deal will enable the Japanese conglomerate to acquire a significant stake in the AI startup, while current and former employees of the firm will have the opportunity to […]

AI translated

ForkLog 32 15.08.2024

SoftBank Abandons AI Chip Partnership with Intel, Reports FT

SoftBank had been in discussions with Intel regarding the production of artificial intelligence chips to compete with Nvidia, but has decided against the plan. This is according to sources cited by the FT. The American manufacturer was unable to meet the Japanese group’s requirements, the newspaper noted. Talks may resume in the future. Collaboration between […]

AI translated

ForkLog 15 21.06.2024

SoftBank CEO Predicts Emergence of ‘Artificial Superintelligence’

In a decade, artificial intelligence will be 10,000 times smarter than humans, according to SoftBank CEO Masayoshi Son, reports CNBC. Before the advent of ‘artificial superintelligence’, a ‘general AI’—ten times smarter than humans—is expected within the next three to five years. SoftBank’s mission is to advance humanity’s progress in creating a superintelligence, Son noted. “Until […]

AI translated

ForkLog 6 20.09.2022

DTCP creates a $300 million fund focused on Web3

DTCP has created a $300 million fund focused on Web3.

AI translated

ForkLog 10 10.03.2022

SoftBank and Naver Corporation to launch an NFT marketplace

The Japanese holding company Z Holdings, owned by SoftBank and Naver Corporation, plans to launch an NFT trading platform. Bloomberg reports.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 28 30.11.2021

SoftBank Invests $150 Million in Zepeto Metaverse Platform

The Zepeto metaverse platform from South Korea's NAVER Corporation attracted $150 million from SoftBank in a Series B funding round, according to the Wall Street Journal.

AI translated

ForkLog 11 22.09.2021

SoftBank leads $155 million Series B for blockchain company Blockdaemon

Blockdaemon, a blockchain company, raised $155 million. The Series B funding round was led by SoftBank through Vision Fund 2.

AI translated

ForkLog 28 21.09.2021

Sorare NFT platform raises $680m at a $4.3bn valuation

The French NFT fantasy football platform Sorare completed a $680 million Series B round led by the Japanese holding SoftBank.

AI translated

ForkLog 7 15.07.2021

SoftBank to back Sorare in $532 million funding round

Sorare, the NFT-powered fantasy football platform, is close to closing a funding round worth $532 million, according to Business Insider citing its own sources.

AI translated

#SoftBank