Fintech & Ecommerce

Fujitsu to Test Use of Generative AI for Banks

The Japanese technology giant Fujitsu will conduct testing, during which the possibilities of using generative artificial intelligence technology in the banking sector will be explored.

Fintech & Ecommerce

Travelex Launches Multi-Currency Travel Money Card in Japan

A foreign exchange company Travelex has introduced its prepaid foreign multi-currency card, accepted in more than 210 counties and regions worldwide, to the Asian market of Japan


Japanese Startup Rapidus to Challenge Taiwan Semiconductor Manufacturing

Japanese startup Rapidus, which receives support from the government of this country, announced the hiring of more than 200 people as part of efforts to create an ultra-modern chip manufacturing plant by 2027.


SoftBank Reportedly Negotiates to Buy Vision Fund’s Stake in Arm

The media reports that the Japanese corporation SoftBank Group is currently negotiating to purchase 25% of Arm shares, which are not its property, from Vision Fund 1 (VF1), an investment fund worth $100 billion.

Finance & Economics

Sony Expects Smartphone Market Recovery to 2024

Sony Group, the largest supplier of camera sensors for smartphones, has changed its forecasts regarding the expected timing of the recovery of consumer demand in the market of mobile phones.

Blockchain & Crypto

Japanese Fintech Soramitsu to Develop Asian Cross-Border Payments System Using CBDCs and Stablecoins

Cambodia’s central bank digital currency (CBDC), Bakong, will become the foundation for an expanding international payment system for Asian countries

Finance & Economics

SoftBank Vision Fund Makes First Profit

Vision Fund, which is part of the ownership structure of the Japanese corporation SoftBank Group, announced its first profit.

Society & Lifestyle

SoftBank Sues IRL

Japanese SoftBank Corporation sues social app IRL, for the development of which it has allocated investment funds in the amount of $1.1 billion.


Toshiba Says Its Takeover Offer to Start in August

Toshiba has announced that it expects a $15 billion buyout offer by a group led by private equity firm Japan Industrial Partners to begin in August.


Mizuho to Create Fund to Support Japanese Tech Startups

Mizuho Financial Group announced plans to create a debt fund that will focus on supporting Japanese startups operating in the technology sector.


Softbank Invests in AI Company Tractable

Tractable, which has created computer vision and related artificial intelligence designed to remotely assess damage to property and vehicles, has raised investment funds in the amount of $65 million following the results of the Series E funding round.


CADDi Raises $89 Million to Expand Procurement Platform and Cloud Service

CADDi has announced that it has managed to raise investment funds for $89 million following the results of the Series C financing round.

Science & Technology

SoftBank Backs Robot Startup

SoftBank Group Corporation has become a participant in the financing round of a company that manufactures robots.


Sega COO Quashes Talk of Microsoft Deal in Favor of Independence

Sega Corporation has not confirmed the information about the negotiations regarding the entry into the ownership structure of Microsoft.


Mizuho Rolls Out Generative AI to Bank Staff in Japan

Mizuho Financial Group announced the provision of access to Microsoft’s Azure OpenAI service to all employees of its banks in Japan.


Facial Recognition to Work at 20K ATMs in Japan

After about four years in working, facial recognition biometric solution from the Seven Bank is set to be deployed at around 20,000 ATMs nationwide as early as March 2024

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