CoinspeakerSoftBank Group May See Profit after Vision Fund Lost $48B Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report. SoftBank Group May See Profit after Vision Fund Lost $48B
Read More »Google-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7%
CoinspeakerGoogle-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7% Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company. Google-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7%
Read More »eToro Investors Cash Out $120M in Secondary Share Sale
CoinspeakereToro Investors Cash Out $120M in Secondary Share Sale eToro planned to go public in 2022. However, a market downturn in equity and crypto prices forced the company to abandon its IPO plans. eToro Investors Cash Out $120M in Secondary Share Sale
Read More »Sequoia Capital Navigates Market Challenges with Reduction of Cryptocurrency and Ecosystem Funds
CoinspeakerSequoia Capital Navigates Market Challenges with Reduction of Cryptocurrency and Ecosystem Funds A noteworthy aspect of Sequoia Capital's approach is the strategic shift towards supporting younger startups, diverting attention from larger companies. Sequoia Capital Navigates Market Challenges with Reduction of Cryptocurrency and Ecosystem Funds
Read More »Mizuho Financial Group Plans for $72M Venture Debt Fund for Startups
CoinspeakerMizuho Financial Group Plans for $72M Venture Debt Fund for Startups Mizuho said that startups in Japan are looking for debt wherein they can get loans without diluting the ownership stakes in the company. Mizuho Financial Group Plans for $72M Venture Debt Fund for Startups
Read More »Chinese Project Zhipu AI Sees Huge Boost, Gets Meituan Funding
CoinspeakerChinese Project Zhipu AI Sees Huge Boost, Gets Meituan Funding Zhipu AI was founded in 2019 as a creative invention by the Chinese prestigious Tsinghua University. Chinese Project Zhipu AI Sees Huge Boost, Gets Meituan Funding
Read More »OpenAI Commits $5M to American Journalism Project to Drive Innovation in Local News
CoinspeakerOpenAI Commits $5M to American Journalism Project to Drive Innovation in Local News As part of the collaboration with AJP, OpenAI will not only provide $5 million in financial support to the NGO foundation but also offer AJP access to its suites of products. OpenAI Commits $5M to American Journalism Project to Drive Innovation in Local News
Read More »SoftBank Group Invests Heavily in British AI Insurer Tractable
CoinspeakerSoftBank Group Invests Heavily in British AI Insurer Tractable With this investment, SoftBank Group and Tractable are poised to reshape the future of insurance through the power of AI. SoftBank Group Invests Heavily in British AI Insurer Tractable
Read More »Nvidia Prepares to Be Anchor Investor in Arm IPO
CoinspeakerNvidia Prepares to Be Anchor Investor in Arm IPO Sources familiar with the matter said that the two players have been negotiating over valuations. They also stated that SoftBank's founder Masayoshi Son is trying to find big investors for Arm, as SoftBank has plans to liquidate its stake. Nvidia Prepares to Be Anchor Investor in Arm IPO
Read More »Cathie Wood’s Ark Invest Sells $12M in Coinbase Shares amid Rally
CoinspeakerCathie Wood’s Ark Invest Sells $12M in Coinbase Shares amid Rally Meanwhile, some Coinbase executives, including CEO Brian Armstrong, have been taking advantage of the stock’s rally in recent months. Cathie Wood’s Ark Invest Sells $12M in Coinbase Shares amid Rally
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