Por: The Boston Globe Tech July 24, 2023
SoftBank Group Corp. is setting up an artificial intelligence-oriented warehousing joint venture with Symbotic Inc. and buying more shares in the supply-chain-services company.SoftBank and Symbotic are investing a combined $100 million to establish the joint venture, which will be called GreenBox Systems LLC, and will buy $7.5 billion of Symbotic’s AI-powered systems for its warehouses, according to a statement Monday, confirming a Bloomberg... + full article
New York Post USA Tech June 22, 2023
SoftBank’s billionaire CEO Masayoshi Son admitted he “had a big cry” after soul-searching last year — because he realized that he would never be able to live out his dream to become an architect. “I had a big cry. The tears didn’t stop for days,” the Japanese tech... + más
Some Boston startups backed by Japanese giant SoftBank are floundering | The Boston Globe
SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes
The Boston Globe USA Tech June 14, 2023
Wilmington warehouse robotics company Symbotic appears to have put its stock price on an automated track, climbing ever higher.Shares of Symbotic hit an all-time high of $48.62 on Wednesday, up from $11.94 at the start of the year and giving the company a stock market value of... + más
Wilmington robotics company cuts jobs, outsources manufacturing | The Boston Globe
Tesla robot slowly walks on stage at AI Day | CNN
The Boston Globe USA Tech May 11, 2023
Robotics company Symbotic has cut 200 jobs as part of a move to outsource manufacturing of its machines that move goods around large warehouses for Walmart and other retailers.The Wilmington-based company said it was ceasing building its own robots at a Montreal facility and... + más
Council Post: How Companies Can Apply Robotics To Their Work | Forbes
Council Post: Automation And Robotics: Tending To The Culture Side Of Digital Transformation | Forbes
WPLG Local 10 USA Tech May 11, 2023
TOKYO – Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink.Tokyo-based SoftBank Group Corp. racked up a .The latest results came from , called the... + más
The Boston Globe USA Tech April 11, 2023
The tech startup bubble inflated with a big assist from Japanese investor SoftBank Group, which poured more than $100 billion into the market. Now that the air has come out of the bubble, some prominent local startups that got backing from SoftBank are struggling.Pear... + más
Japan's SoftBank returns to profit as investments rebound | Associated Press
Forbes USA Business December 15, 2022
SoftBank, like many other funds, hasn't had the best 2022. Getty Images It has been a tough year for Japan’s SoftBank and its CEO Masayoshi Son. Neither the company nor Son is weathering the global tech slump and general rising investor skepticism towards growth-first,... + más
Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG | Fox Business
The Future Of Fintech, According To AI | Forbes
Associated Press USA Business November 11, 2022
TOKYO (AP) — Japanese technology investor SoftBank Group Corp. reported on Friday a 3 trillion yen ($21 billion) profit for the July-September quarter, a sharp reversal from its loss a year ago.After its 398 billion yen loss a year earlier, quarterly sales rose to 1.6 trillion... + más
Japan’s SoftBank Turns a Profit After Reducing Stake in Alibaba | MarketWatch
Izuma Networks Acquires SoftBank’s Pelion IoT Device Management Business | Forbes
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