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SoftBank Has a New Fund That's Investing in AI-Focused Startups
Having already poured a windfall of cash into tech companies via its $100-billion Vision Fund, SoftBank has now opened the coffers on a new AI-focused fund and made its first investment in a startup outside of Japan, as Business Insider reports. SoftBank's $52-million Deepcore Fund contributed to a $29.5 million fundraising round for the San Francisco-based startup Engineer.ai, which allows
2018 Hong Kong Fintech Week Slated to Be World’s First Cross-Border Fintech Conference
Hong Kong Fintech Week is right around the corner, and apparently, Hong Kong will be taking things all the way up to 11. After wowing an over 4,000-strong crowd of international investors, regulators, and fintech enthusiasts in Hong Kong last year, Hong Kong Fintech Week is set to outdo itself this year by becoming the world’s first cross-border fintech event.