Tag: Start-up

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SoftBank posts $6.2 billion loss after WeWork files for bankruptcy
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SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar

Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Shares in SoftBank Group jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth some $7.59 billion at no additional cost. Masayoshi Son’s conglomerate said late on Tuesday...

We believe Southeast Asia is still a bright spot for startups, venture builder says
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Vietnam’s digitalization efforts fuel startup scene

Vietnamese employees working inside the French IT company Linkbynet in Ho Chi Minh City. A decade ago app technology would likely have been developed in California’s Silicon Valley, but today those apps are being churned out by Vietnam’s startup sector, an industry driven by local techies trained overseas but returning home to prowl for opportunities....

Japan has 'one of the best' macro stories, says investment management firm
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Why Japan is lagging behind in generative AI and creation of LLMs

Japan is known for its futuristic technology. But the nation is lagging behind in the generative AI race and is trying to create its own large language models. Mr.cole_photographer | Moment | Getty Images Countries are racing to develop their own generative artificial intelligence algorithms, but high tech Japan is already behind. Generative AI has...