“SoftBank is investing $146 million in the South Korean artificial intelligence (AI) company Qraft Technologies Inc. to help it expand into the U.S. As The Wall Street Journal (WSJ) reported Monday (Jan. 10), Qraft manages $1.7 billion for Asian banks and insurance providers through its line-up of funds traded in the U.S., and created a…
Tag: SoftBank
SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm
“SoftBank has put money into the delivery startup Rappi in Colombia; Gympass, a Brazilian fitness company; and the FinTech Uala, based in Argentina. Softbank’s move into Latin America is also looking at artificial intelligence (AI) startups that apply the technology to food-related businesses, particularly plant-based food.” https://www.google.com/amp/s/www.pymnts.com/news/investment-tracker/2020/softbank-earmarks-1b-ecommerce-healthcare-fintech-latam/amp/
SoftBank launches new $108 billion fund to invest in A.I.
“The total expected contribution to the SoftBank Vision Fund 2 from both the Japanese conglomerate and other partners stands at about $108 billion The first fund is known for investing billions of dollars into global technology and telecommunication companies. The fund, which delivered about 45% rate of return to partners after fees on a net…
“I’m a Pepper, You’re a Pepper, Wouldn’t You Like to Be a Pepper, Too?”
Day 1 of the Digital Banking Conference hosted by the ABA is complete, and the biggest draw of the day was…Pepper the robot from SoftBank Related story: Rise of the robots: Bank deploys ‘Pepper’ to assist customers “Beginning Thursday, Pepper will greet customers at HSBC Bank’s Brickell branch in Miami, and later, possibly other locations…
SoftBank CEO Masayoshi Son: A.I. will completely change the way humans live within 30 years
“People should brace themselves for the proliferation of artificial intelligence as it will change the way we live within three decades, SoftBank CEO Masayoshi Son told CNBC. Son has long championed the benefits of artificial intelligence, investing billions of dollars in companies he believes can capitalize on it. ‘We are investing $100 billion in just…