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.
Japan - page 5
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.
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
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 […]
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
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
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
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
Bitget Launches $100m Web3 Fund for Asian Crypto Projects
Web3-friendly venture firms and projects based in Asia and working on real-world problems will be the main focus of the new $100 million fund launched by Bitget
Nissan Tries New Sales Avenues With Four Web3 Trademarks
Nissan enhanced its Web3 efforts with four new related trademarks filed in the US, while its Japan unit is currently experimenting with auto sales in the metaverse
