Japan's Prime Minister Sanae Takaichi unveiled a 370 trillion yen ($2.3 trillion) growth strategy on June 20, 2026, targeting 17 sectors including AI and semiconductors, aiming to quintuple domestic c…
SoftBank CEO Masayoshi Son dismissed claims that the artificial intelligence boom is a bubble, calling such talk an 'insult' to AI at the company's annual shareholders' meeting in Tokyo. Son, whose So…
Blackstone plans to invest roughly $30 billion in AI data centres in Japan over the next three to five years, betting on demand despite warnings of overcapacity. The firm's president Jonathan Gray arg…
SoftBank CEO Masayoshi Son dismissed SpaceX's orbital AI data center plan as overpriced, arguing that terrestrial infrastructure is more cost-effective. Son's critique comes days after SpaceX's $1.7 t…
SoftBank CEO Masayoshi Son questioned the economic viability of Elon Musk's proposal to build AI data centers in space, arguing that lower electricity costs would not offset the high expenses of maint…
SoftBank CEO Masayoshi Son dismissed Elon Musk's plan for orbital data centers, saying the costs would outweigh the benefits and that the AI race will be decided on Earth. Son's comments came as Space…
Skild AI, a startup founded in 2023, has raised a $1.4 billion Series C led by SoftBank to develop a general-purpose AI brain for any robot, aiming to overcome the fragmentation in robotics AI. The co…
Anthropic suspended its Fable 5 AI model within three days after U.S. government concerns over security protocols, highlighting a growing rift between U.S. regulatory policies and East Asian market re…
Behavox raised $175 million in preferred equity from BlackRock's HPS Investment Partners to expand its AI compliance platform and pursue acquisitions. The regtech company, which counts ten of the 24 G…
Leaked audited financial documents show OpenAI lost $38.53 billion in 2025, with $20.92 billion in operating losses despite $13.07 billion in revenue, as the company burns through cash on compute and …
MWC Barcelona 2026 focused on AI infrastructure, with companies like Supermicro, NVIDIA, and telecom giants showcasing AI-RAN and sovereign AI solutions. CME Group launched the first compute futures c…
SoftBank and OpenAI launched a cybersecurity service called "Patching as a Service" on Tuesday, designed to protect Japan's critical infrastructure from AI-powered cyberattacks. The service uses OpenA…
OpenAI spent $34bn in 2025, more than double its $13bn revenue, as it prepares for a potential $1tn IPO. The company's massive spending on R&D, infrastructure, and staffing reflects the high cost of l…
Perplexity CEO Aravind Srinivas said on the "20VC" podcast that Nvidia CEO Jensen Huang taught him to "always stay on your toes" with a mentality that Nvidia could be "30 days away from going out of b…
Perplexity CEO Aravind Srinivas shared two founder lessons from Nvidia CEO Jensen Huang and Tesla CEO Elon Musk on the '20VC' podcast, emphasizing Huang's mentality of being 30 days from going out of …
OpenAI's losses surged to $38.5 billion in 2025, up from $5.09 billion in 2024, as spending hit $34 billion against $13.07 billion in revenue, according to audited financial documents. The massive los…
ABB Robotics LLC is collaborating with PSYONIC to advance dexterous robotic manipulation by combining ABB's GoFa robot with PSYONIC's Ability Hand, using real-world data from human prosthetic users to…
Asian tech stocks surged on Monday after the United States and Iran announced a peace agreement, with AI and semiconductor companies posting the largest gains. SoftBank rose 10%, SK Hynix climbed 6.42…
Patsnap, an AI-powered intellectual property analytics firm backed by SoftBank, Tencent, and Sequoia Capital, has filed confidentially for a dual IPO in Hong Kong and Singapore that could raise up to …
France hosts the G7 summit from 15-17 June, with President Emmanuel Macron pushing artificial intelligence to the forefront of the agenda and positioning France as Europe's AI powerhouse. However, the…