SoftBank Group plans to acquire ABB’s robotics business for $5.375 billion, saying the move will complement its existing investments in artificial intelligence and robots. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Some of the biggest names in tech, including Google, Amazon, and Apple, saw their stocks battered this week amid fears that the artificial intelligence (AI) revolution has turned into a dangerous bubble. Read more in the PYMNTS weekly roundup of AI news. Get the Full...
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
SoftBank reportedly selected four banks to help it prepare for a potential initial public offering (IPO) in the United States for its Japanese payments app business, PayPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
March 21, 2024
Saudi Arabia aims to carve out a leadership role in the burgeoning artificial intelligence (AI) field with a proposed $40 billion investment fund, as The New York Times reported. The country is one of many global giants in the race to shape the future of AI, including Andreessen Horowitz and Nvidia, with investments in generative […]
June 29, 2021
In its latest move to redefine the firm’s relationship to robotics, SoftBank announced that it has halted production on its Pepper robot. It is the firm’s second major move away...
February 11, 2020
In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop California’s new gig economy law....
February 11, 2020
For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand...
October 14, 2025
Japan’s PayPay’s valuation could reportedly exceed $20 billion as it prepares to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]
October 08, 2025
SoftBank Group plans to acquire ABB’s robotics business for $5.375 billion, saying the move will complement its existing investments in artificial intelligence and robots. Get the Full Story Complete the...
August 19, 2025
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
August 11, 2025
SoftBank reportedly selected four banks to help it prepare for a potential initial public offering (IPO) in the United States for its Japanese payments app business, PayPay. Get the Full...
