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added blog Networking
2025-04-01 08:14:04 -

OpenAI raises $40B in Softbank-led funding at $300B valuation
OpenAI Global, LLC, a United States-based artificial intelligence (AI) research and development company, has announced a new funding of $40 billion led by Softbank at a post-money valuation of $300 billion. OpenAI said in a statement on Monday that the funding enables the firm to push the frontiers of AI research even further, scale its compute infrastructure, and deliver increasingly powerful...

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Ifvex

added blog Networking
2025-04-26 05:44:56 -

SoftBank, Tether, Bitfinex team up to launch Bitcoin-native venture
SoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP). Cantor said in a statement on Wednesday that Twenty One, a newly formed entity, has entered into a definitive agreement for a business combination with CEP, a special-purpose acquisition company (SPAC) sponsored...

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added blog Causes
2025-03-16 03:53:14 -

US’s Terabase secures $130M Series C from SoftBank to accelerate construction of utility-scale solar
Terabase Energy, a global digital and automation solutions for utility-scale solar power, has announced the closing of its $130 million Series C financing round. Led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors, this round brings the company’s total funding to over $200 million, Terabase said in a statement on Thursday. The new funding...

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