SoftBank Group has invested $65 million in British company Tractable, an insurance technology company that uses AI to assess insurance claims in photos, the Nikkei Business Daily reported on Tuesday.
In June CEO Masayoshi Son said he planned to shift to “offence mode” as artificial intelligence caught the attention of global investors. The group had previously slashed the volume of new investments in 2022 as it sought to recover from heavy losses on its Vision Fund investing arm.
Source : Reuters
EU fiscal systems still favour linear production, as virgin extraction stays largely unpriced and labour-intensive…
How can AI be used to deliver better public services? That’s one of the big…
US President Donald Trump welcomes Chinese President Xi Jinping to the White House on Thursday…
- Australia said on Thursday an OpenAI agent breached a government health data portal in…
Increases in US electricity prices since 2020 have coincided with a sharp rise in demand…
Europe's investment debate tends to ask how much capital can be mobilised and how quickly.…