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SoftBank has to be the most high-level investor in the tech world today, with multiple headline-grabbing purchases in the last year alone. First, it was ARM's multi-billion dollar purchase, which shook the tech industry almost to its knees. Then, the acquisition of a $4 billion dollar stake on NVIDIA, which is increasingly looking like a great move (and is partially responsible for NVIDIA's soaring market cap.)
Now, SoftBank has moved to acquire Google parent company Alphabet Inc's Boston Dynamics, the engineering and robotics design firm best known for being compared to the manufacturing arm of Skynet. Masayoshi Son, Chairman & CEO of SoftBank Group Corp., said that "Smart robotics are going to be a key driver of the next stage of the Information Revolution," and that he and the full might of SoftBank are looking forward to "supporting them as they continue to advance the field of robotics and explore applications that can help make life easier, safer and more fulfilling." Terms of the deal were not disclosed, but as part of it, SoftBank has also agreed to acquire Japanese bipedal robotics company Schaft. SoftBank is the octopus of the tech world, with tendrils extending towards the technologies that look to be most important in our collective future. The company already has the high efficiency processing, deep learning and AI chops for a robotic future with their acquisition of ARM and investment in NVIDIA - now, they're adding a manufacturing arm. Is this Skynet's inception?
View at TechPowerUp Main Site
Now, SoftBank has moved to acquire Google parent company Alphabet Inc's Boston Dynamics, the engineering and robotics design firm best known for being compared to the manufacturing arm of Skynet. Masayoshi Son, Chairman & CEO of SoftBank Group Corp., said that "Smart robotics are going to be a key driver of the next stage of the Information Revolution," and that he and the full might of SoftBank are looking forward to "supporting them as they continue to advance the field of robotics and explore applications that can help make life easier, safer and more fulfilling." Terms of the deal were not disclosed, but as part of it, SoftBank has also agreed to acquire Japanese bipedal robotics company Schaft. SoftBank is the octopus of the tech world, with tendrils extending towards the technologies that look to be most important in our collective future. The company already has the high efficiency processing, deep learning and AI chops for a robotic future with their acquisition of ARM and investment in NVIDIA - now, they're adding a manufacturing arm. Is this Skynet's inception?
View at TechPowerUp Main Site
