Softbank

SoftBank Group said on Monday that Hyundai Motor Group had finished the acquisition of robotics firm Boston Dynamics. The deal, which was announced in December 2020 and valued the maker …

Hyundai Motor and its chairman have agreed to purchase a controlling stake in Boston Dynamics from SoftBank Group in a deal that values the U.S.-based robot maker at $1.1 billion. …

General Motors’s majority-owned Cruise self-driving division stated on Tuesday fund manager T. Rowe Price and a group of current investors put down $1.15 billion in new equity, evaluating the unit …

Japanese automakers Honda and Hino are teaming up for a partnership between SoftBank and Toyota for mobility advantages including self-driving cars. SoftBank Corp. and Toyota Motor announced a joint venture …

Toyota Motor and SoftBank Group are teaming up to develop self-driving vehicle services, signaling deepening alliances among top automakers and tech companies as the global race to develop autonomous cars …

Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in funding Tesla Inc CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric automaker private, …

When Intel‘s CEO addressed investors at last month’s investor day, he firmly insisted that the standard market view of the company as a Silicon Valley stalwart making chips for PCs …