Japan - page 4

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.

News

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.

News

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.

Finance & Economics

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.

News

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.

Finance & Economics

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.

News

SoftBank Backs Robot Startup

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

News

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.

News

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.

Fintech & Ecommerce

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

News

Open AI Receives Warning From Japanese Privacy Watchdog

The Japanese privacy protection service on Friday, June 2, announced that it had sent a warning to the OpenAI startup, which received investments from Microsoft and developed a popular chatbot based on artificial intelligence ChatGPT, about the inadmissibility of using the practice of collecting personal information without obtaining prior permission to perform these actions from […]

Science & Technology

SoftBank Teams Up With Nvidia to Create Advanced AI Data Centres in Japan

Nvidia and SoftBank are collaborating on a pioneering platform for generative AI and 5G/6G applications which SoftBank plans to roll out across new, advanced AI data centres across Japan

News

Japan Tightens Crypto Rules

Already having one of the strictest cryptocurrency regulations in the world, Japan is going to introduce even stricter measures against money laundering in the crypto industry starting from 1 June 2023

Science & Technology

Hitachi Dives Into Generative AI

Japan tech conglomerate Hitachi has established the “Generative AI Center” to promote the secure and efficient use of Generative Artificial Intelligence

Finance & Economics

MUFG Bank Establishes Climate Tech Growth Fund with Mitsubishi and Pavilion Private Equity

Japanese MUFG Bank established the Marunouchi Climate Tech Growth Fund to fuel the development of advanced technologies and solutions necessary for the realization of a carbon-neutral society