Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).
Softbank
OpenAI raises $110B in one of the largest private funding rounds in history
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.
SoftBank to spend an eye-popping $33B to build huge U.S. gas power plant
If completed, the project would be among the largest and most expensive natural gas power plants.
Indian vibe-coding startup Emergent raises $70M at $300M valuation from SoftBank, Khosla Ventures
The funding comes as the startup claims it has scaled ARR to $50 million, and is targeting $100 million by April 2026.
Meesho’s $606M IPO pops as enthusiasm for India’s e-commerce startups rises
Meesho had a good first day as a public company, with its shares climbing as much as 46% from its issue price as investors jumped to grab a piece of the company built around small merchants and value-conscious consumers.
SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value
Skild AI is developing a hardware-agnostic foundation model for robots that can be customized for various uses.
SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho heads for India’s first big e-commerce IPO next week.
SoftBank’s Nvidia sale rattles market, raises questions
Wall Street can’t help but wonder: does Son see something right now that others do not?
The circular money problem at the heart of AI’s biggest deals
SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether AI’s biggest deals are creating real economic value or just moving money in circles. […]