Softbank CEO says companys purpose is to create artificial super intelligence

Billionaire finance mogul Masayoshi Son also said that AI will be 10,000X smarter than humans by 2035.

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SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift

The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.

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NVIDIA and SoftBank Accelerate AI Factory Deployment in Japan

NVIDIA collaborates with SoftBank to rapidly deploy AI factories using DGX SuperPOD technology, marking a significant step in Japan's AI innovation landscape. (Read More)

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FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.

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SoftBank Vision Fund to Cut 30% of Global Workforce

According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of about 150 staff. (Read More)

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Prominent Audit Firm CertiK Raises $60M Funds From SoftBank

Blockchain security services have been a significant focus for venture capitalists. CertiK wants to make its security audits and verification

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bloXroute Raises $70M in Series B Funding to Speed up DeFi transactions

As a critical infrastructure provider for quick decentralized finance (DeFi) trades on Ethereum, Polygon, and Binance Smart Chain, bloXroute has raised $70 million in Series B funding to boost its quest of reducing latency on blockchain networks. (Read More)

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How Orange-Pilled Billionaires Move The Bitcoin Market

During Bitcoin 2022, a group of high-net-worth investors gave insight into the perspective of whales and their future in the bitcoin market.

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SoftBank-Backed Broker Avenue Debuts Bitcoin Trading

Avenue Securities now allows its over 500,000 Brazilian customers to buy, sell, and hold bitcoin in an integration with a third-party trading platform.

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SoftBank's Tech Division Z Holdings Eyes NFT Marketplace

Z Holdings, the internet arm of Japanese multinational conglomerate SoftBank Group, is reportedly planning to launch a NFT marketplace before the end of the year. (Read More)

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Aleo collaborates with Forte to bring zero-information verifications to blockchain games…

Aleo and Forte have collaborated to carry zero-information verification answers for blockchain games with expectations of energizing low-energy exchanges in blockchain games. San Francisco-based Aleo began in 2019 and as of late raised $200 million to assemble a stage for private blockchain-based applications with help from financial backers Kora Management LP and SoftBank Vision Fund 2. … Continue reading Aleo collaborates with Forte to bring zero-information verifications to blockchain games… →

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Privacy-focused applications platform Aleo raises $200M

Aleo will use the funds to support developers in building applications within its private and scalable platform.

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Asia's SoftBank and Temasek Join to Fund FTX US

FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding. (Read More)

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Brazilian Crypto Firm 2TM Acquires Controlling Stake Over Portuguese CriptoLoja

Softbank-backed Brazilian firm 2TM announced the company would acquire a controlling stake in Lisbon-based crypto exchange CriptoLoja. (Read More)

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SoftBank-Backed Brazilian Bitcoin Exchange Raises $50 Million In Extension Round

2TM, the owner of Mercado Bitcoin, had captured $200 million in July and is now valued at about $2.15 billion.

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Digital Currency Group sells $700M of shares for investors to take profits

Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round.

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Digital Currency Group Raises $700M at $10B Valuation

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Softbank announces $100B investment in US AI infrastructure

The announcement came at President-elect Donald Trumps Mar-a-Lago estate in Florida.

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OpenAI secures $1.5B funding from SoftBank, allows employees to cash out

SoftBanks tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in the company.

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AI-RAN: Revolutionizing Telecom with NVIDIA's Cutting-Edge Technology

NVIDIA's AI-RAN technology, in collaboration with SoftBank, is transforming telecom networks, offering multi-purpose infrastructure and opening new AI opportunities for telcos. (Read More)

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