Bank Managers: Bank and Sense Time

bank managers: A third of the way into the presentation, Son interrupted to say he wanted to put in 1 billion, according to The Japan Times. A few minutes later, Son suggested 2 billion. As they entered the offices, Chief Executive Officer Xu Li was hoping to persuade the head of Soft Bank Group Corp. to invest 200 million in his three-year-old startup. Turning to the roomful of Soft Bank managers, Son said this was the kind of AI company he'd been looking for. The young company's valuation hit 7.5 billion this year. Why are you only telling me about them now he asked, according to one person in the room. ; In the end, Soft Bank invested 1.2 billion, helping to transform Sense Time into the world's most valuable AI startup. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.