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SoftBank plans AI tour for founders to boost technology adoption
Economic Times
·
1y ago
Medial
SoftBank Group plans to take a group of Indian startup founders to Silicon Valley on an artificial intelligence (AI) tour. The Japanese investor is helping its portfolio companies adopt AI technology, setting up meetings for founders with leading players in the field. The tour aims to infuse SoftBank's Indian startups with AI capabilities. The company recognizes the importance of AI adoption for business efficiency and relevance, especially in sectors like software-as-a-service. SoftBank's extensive portfolio includes companies like Oyo Hotels, Ola, and Swiggy. The tour aims to ensure these startups don't miss out on the AI wave.
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Peak XV to take 60 founders to Silicon Valley on AI tour: Report
Inshorts
·
1y ago
Medial
Peak XV Partners (formerly Sequoia Capital India & SEA) will take over 60 founders to Silicon Valley in the US for an AI tour, Moneycontrol reported. The trip, scheduled between February 13-16, will host startups including Arintra, Inferless, Relevance AI, InVideo and Mindgrove Technologies. The founders will reportedly visit the NVIDIA campus as part of the trip.
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Donald Trump launches $500B Stargate project to boost AI infrastructure in the US
YourStory
·
5m ago
Medial
US President Donald Trump announced the launch of 'Stargate,' a $500 billion joint venture by OpenAI and SoftBank, to boost AI infrastructure in the US. The initiative, initially funded by SoftBank, OpenAI, Oracle, and MGX, aims to create over 100,000 jobs and secure US leadership in AI. Key technology partners include Oracle, NVIDIA, and Microsoft. The project includes constructing data centers across the country, supporting AI model training, and enhancing national security.
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OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks
VCCircle
·
5m ago
Medial
OpenAI CEO Sam Altman is visiting Abu Dhabi to discuss fundraising talks with investment group MGX. This move follows a busy Asia tour where Altman announced a partnership with Japan's SoftBank. OpenAI's initiative aims to strengthen its AI capabilities amid competition from China's DeepSeek. MGX previously participated in a $6.6 billion OpenAI funding round. Meanwhile, SoftBank is considering leading a significant $40 billion investment in OpenAI, highlighting the competitive AI landscape globally.
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SoftBank to take Indian startup founders to Silicon Valley for AI tour
Financial Express
·
1y ago
Medial
SoftBank intends to organize a trip to Silicon Valley next month for a delegation of Indian startup founders, focusing on AI. SoftBank has holdings in Indian startups such as Swiggy, Ola, and OYO. According to Sumer Juneja, a SoftBank executive, the aim is to avoid investing in companies that overlook the AI trend and become obsolete in a few years.
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Shardeum Aims To Introduce Over 7500 Students To The World Of Web3
OutlookIndia
·
1y ago
Medial
Blockchain startup Shardeum has launched a 90-day "community backpacking tour" across India and Nepal to introduce students to the world of Web3 and its potential. The tour aims to educate students from over 50 educational institutions in India and Nepal about Web3 and its job opportunities. Shardeum's EVM-based Layer 1 blockchain has secured around $24 million in funding and plans to launch its mainnet by the end of 2023. The startup aims to make India a leader in Web3 adoption and talent.
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Softbank plans to cancel out angry customer voices using AI
Arstechnica
·
1y ago
Medial
SoftBank has announced the development of an "emotion-canceling" AI technology that aims to alter the voices of angry customers during phone calls with customer service representatives. The project has been in development for three years and intends to reduce the psychological burden on operators dealing with harassment. SoftBank plans to launch the technology by March 2026. The AI model analyses voice samples to recognize and modify vocal characteristics associated with anger, making the customer's voice sound calmer and less threatening. Critics argue that this approach ignores the root causes of customer anger.
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Expect more tech adoption, strategic partnerships in 2025: NASSCOM Chairperson
YourStory
·
8m ago
Medial
The year 2025 is expected to bring increased technology adoption and strategic partnerships as businesses strive to stay relevant in a changing world, according to NASSCOM Chairperson Sindhu Gangadharan. She emphasized the need to view artificial intelligence (AI) as an enabler rather than a threat to jobs, highlighting its potential to amplify skills and boost productivity. Gangadharan stressed the importance of strong partnerships in driving significant changes and meeting challenges. Furthermore, she discussed the growth of AI in India and SAP's plans to invest and hire more talent in the country.
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AI security startup Unbound raises $4 million in round led by Race Capital
Economic Times
·
1m ago
Medial
Unbound, an AI security startup, raised $4 million in a seed round led by Race Capital, with plans to invest $1 million in India for R&D expansion. The Bengaluru-based company helps enterprises securely integrate AI, offering tools to monitor data flows and enforce policies. Co-founders Rajaram Srinivasan and Vignesh Subbiah highlight Unbound’s role in enabling flexible, secure AI adoption, reducing costs by 70%, and preventing data leaks for clients.
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SoftBank Says Goodbye to Alibaba, Hello to More AI Investments
Livemint
·
1y ago
Medial
Japanese technology investor SoftBank Group is shifting its focus to artificial intelligence (AI) companies after selling off its stake in Chinese e-commerce giant Alibaba. SoftBank, which had previously scaled back investments due to losses, is now prepared to be more aggressive in the market with the AI revolution on the horizon. The company's Chief Financial Officer, Yoshimitsu Goto, highlighted SoftBank's interest in AI chatbot ChatGPT, as well as CEO Masayoshi Son's dedication to studying AI and plans to list its chip-design unit, Arm. The move towards AI comes as SoftBank diversifies its investments globally and reduces its exposure to the Chinese market.
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US tech firm Salesforce to invest $1 billion in Singapore
Economic Times
·
4m ago
Medial
Salesforce plans a $1 billion investment in Singapore over five years to boost AI agents in the workforce. This move aims to address Singapore's declining birthrate and aging population by accelerating AI adoption through Agentforce, which helps businesses automate tasks beyond preset chatbots. CEO Marc Benioff highlights the transformative potential of AI agents in productivity and scaling businesses. Salesforce has operated in Singapore for 25 years, focusing on AI development with top engineers in its research center.
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