SoftBank Group President Masayoshi Son Keynote Address at The JCI World Congress

SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO

Tech companies are racing to build out infrastructure that can further drive the automation boom. Now, Japanese multinational SoftBank reportedly plans to create a new company designed to automate the creation of that infrastructure. SoftBank is putting together a new business called Roze AI, the Financial Times originally reported. Roze would seek to make data…

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UniCredit builds stake in Generali, further complicating fight for Italian financial sector

Shorouk Express The government is keen to ensure that Generali, which last month agreed to combine its asset management business with that of France-based Natixis, keeps its appetite for Italian sovereign debt at a time when Rome needs to borrow nearly €1 billion a day. The Trieste-based conglomerate is the government’s largest private-sector creditor. Rome…

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