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Hyundai reportedly in talks to buy SoftBank-owned Boston Dynamics

Hyundai reportedly in talks to buy SoftBank-owned Boston Dynamics Boston Dynamics could be set to change hands once again, according to a new report from Bloomberg that cited “people familiar with the matter.” The deal would make Korean automaker Hyundai the third company in seven years to own the robotics firm, following sales to Google […]

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Transportation on the ballot, Softbank parks its money in REEF and Tesla Tequila arrives

Transportation on the ballot, Softbank parks its money in REEF and Tesla Tequila arrives The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsletter dedicated to all the present and future […]

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REEF Technology raises $700M from SoftBank and others to remake parking lots

REEF Technology raises 0M from SoftBank and others to remake parking lots It seems like SoftBank and the Mubadala Corp. aren’t finished taking big swings at the commercial real estate business in the U.S. Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate […]

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Arm CEO Simon Segars discusses AI, data centers, getting acquired by Nvidia and more

Arm CEO Simon Segars discusses AI, data centers, getting acquired by Nvidia and more Nvidia is in the process of acquiring chip designer Arm for $40 billion. Coincidentally, both companies are also holding their respective developer conferences this week. After he finished his keynote at the Arm DevSummit, I sat down with Arm CEO Simon […]

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SoftBank will bring Bear’s serving robots to Japan, amid restaurant labor shortages

SoftBank will bring Bear’s serving robots to Japan, amid restaurant labor shortages SoftBank has been quite bullish on Bear Robotics this year, beginning with leadership in a $32 million Series A back in January. It’s easy to see why the investment firm believes that this is the breakthrough moment for the Bay Area-based startup, as […]

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Nvidia confirms $40B purchase of Arm, bringing together two chip giants

Nvidia confirms B purchase of Arm, bringing together two chip giants After weeks of on-and-off speculation, Nvidia this evening confirmed that it intends to buy chip design giant Arm Holdings for a total of up to $40 billion from existing owner SoftBank, which bought the company for $32 billion in 2016. The boards of all […]

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India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation

India’s online learning platform Unacademy raises 0 million at .45 billion valuation India has a new unicorn startup. On Wednesday, Bangalore-based online learning startup announced it has raised $150 million in a new financing round that valued the Facebook-backed firm at $1.45 billion (post-money). SoftBank Group — through its Vision Fund 2 — led Unacademy’s […]

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After Shopify’s huge quarter, BigCommerce raises its IPO price range

After Shopify’s huge quarter, BigCommerce raises its IPO price range When BigCommerce, the Texas-based Shopify competitor, first announced an IPO price range, the numbers looked a little light. With a range of just $18 to $20 per share, it appeared that the firm was targeting a valuation of around $1.18 billion to $1.31 billion. Given […]

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Boston Dynamics CEO Rob Playter is coming to Disrupt 2020 to talk robotics and automation

Boston Dynamics CEO Rob Playter is coming to Disrupt 2020 to talk robotics and automation Back in January, Robert Playter became the CEO of Boston Dynamics. It was a momentous occasion, marking the company’s first new CEO since its founding in the early 1990s when the company was founded by Marc Raibert. The move came […]

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BigCommerce files to go public

BigCommerce files to go public As expected, BigCommerce has filed to go public. The Austin, Texas, based e-commerce company raised over $200 million while private. The company’s IPO filing lists a $100 million placeholder figure for its IPO raise, giving us directional indication that this IPO will be in the lower, and not upper, nine-figure […]

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