#SoftBank
5 stories · 5 issues · daily SoftBank news timeline
#SoftBank timeline · newest first
Sun, Oct 18
SoftBank is in talks to buy security firm Allied Universal for about $18 billion, eyeing robots to replace some guards
Capital betting on robots is starting to buy the industries that employ the most people, so the buyer now sets the pace of replacing labor.
Sat, Oct 10
SoftBank is reportedly seeking up to $100 billion from Gulf investors for a fund to buy companies and overhaul them with AI
AI investing has extended from backing model companies to buying traditional businesses and reworking them directly, and the capital required has moved from venture scale to buyout-fund scale.
Tue, Sep 15
SoftBank seals an $11.87B two-year loan for its OpenAI stake, with about 20 banks committing above target
Pledging the same OpenAI stake repeatedly turns the risk from valuation into repayment order.
Fri, Aug 28
SoftBank in talks for a majority stake in humanoid maker 1X at a $6 billion valuation
The distance between sold out and delivered is the entire difference between a $10 billion valuation and a $6 billion one.
Tue, Aug 25
SoftBank Plans ~$6.3 Billion Retail Bond Sale, a Japan Record, to Fund OpenAI Commitment
When institutional money starts to get picky, retail savings accounts become the last funding link in the AI infrastructure chain.