SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO
You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.
Softbank
OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
Arm is releasing the first in-house chip in its 35-year history
Arm is producing its own CPU for the first time. It developed the CPU with Meta, which is also the chip’s first customer.
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.