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SoftBank considers investment or partnership with ChatGPT creator OpenAI

SoftBank also has made a preliminary approach to buy Graphcore, a UK-based AI chipmaker.

Softbank is considering a range of options including a strategic partnership with, or investment in, Open AI.(AFP)
Updated on Sep 17, 2023 10:39 AM IST
Bloomberg |

Indonesian tech firm GoTo in talks with Alibaba, Softbank for stake sale

Formed via a merger of ride-hailing provider Gojek and e-commerce firm Tokopedia, GoTo raised $1.1 billion in one of the world’s largest initial public offerings this year. The share sale boosted the value of stakes of China’s Alibaba and SoftBank’s Vision Fund to almost $5 billion combined.

GoTo is gauging the interest of early backers including Alibaba Group Holding Ltd. and SoftBank Group Corp. for a managed sale of some of their shares to new investors
Published on Oct 21, 2022 10:29 AM IST
Bloomberg | | Posted by Aryan Prakash

SoftBank in talks to invest in PharmEasy parent API Holdings

API is seeking a valuation of at least $5.6 billion in a new funding round, said one of the people, who asked not to be identified as the information is private. SoftBank could invest $150 million to $200 million into the online pharmacy owner, the people said.

SoftBank Corp. placard is prepared during a ceremony to mark the company's debut on the Tokyo Stock Exchange in Tokyo. (Reuters/ File photo)
Published on Jul 10, 2021 01:02 AM IST
Bloomberg | , Mumbai

‘SoftBank could invest over $4 billion in India’

India, Misra said, remains an important target market for investments from the Vision Fund, especially in the context of widespread technology-driven disruptions expected across the economy in the wake of the Covid-19 pandemic.

SoftBank Vision Fund CEO Rajeev Misra. (Bloomberg)
Updated on Jun 04, 2021 04:51 AM IST
BySnigdha Sengupta, Sruthijith KK, Livemint, New Delhi

SoftBank looks to invest $700 million in Flipkart

Proposed investment from SoftBank Vision Fund 2 is part of a $1.2-1.5 billion round.

The investors signing up for the ongoing round expect Flipkart’s valuation to rise to around $35-40 billion. (Mint Print)
Updated on Jun 04, 2021 04:47 AM IST
ByRanjani Raghavan, Livemint, Mumbai
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