Web3

SoftBank to Acquire $1.5 Billion Stake in OpenAI

TOKYO, Nov 28 (News On Japan) - SoftBank Group is set to acquire up to $1.5 billion (approximately 225 billion yen) worth of OpenAI shares from its employees, according to a report by CNBC on November 27th.

Sources reveal that Masayoshi Son, Chairman and CEO of SoftBank, has been seeking additional shares in OpenAI through the Vision Fund, following an initial investment in the AI developer behind ChatGPT. OpenAI has reportedly approved the deal.

The report also states that OpenAI employees have until December 24th to decide whether to participate in this new round of funding.

Source: テレ東BIZ

Japanese Nationals Start Evacuation from Israel

As the exchange of attacks between Israel and Iran continues, the evacuation of Japanese nationals from Israel has commenced.

Nippon Steel Wins Control of US Steel

Nippon Steel has completed its acquisition of US Steel, spending approximately 2 trillion yen over a period of 18 months. Speaking at a press conference the day after the announcement, Chairman Hashimoto emphasized that "profitability and management flexibility have been secured."

Japan Post to Lose License for 2500 Trucks

Japan Post is facing the suspension of approximately 2,500 trucks for five years after failing to appear at a hearing held by the Ministry of Land, Infrastructure, Transport and Tourism over improper safety checks on drivers. With no objection raised by Japan Post, the penalty is expected to be finalized as early as June.

Japan's Oldest Iron Bridge Discovered In Osaka

An iron bridge in Kumatori, Osaka Prefecture, has been identified as Japan's oldest existing iron bridge, having been repurposed from a railway bridge constructed 150 years ago. The Omiyabashi bridge, which spans a river in Kumatori, was completed in 1931, measuring approximately 21 meters long and 6 meters wide.

Kanako Kojima Suffers Major Facial Injury After Dog Bite

Actress Kanako Kojima has suffered a serious facial injury after being bitten by a dog, requiring around 30 stitches.

MEDIA CHANNELS

MORE Web3 NEWS

Fujifilm to Introduce AI Diagnostic Reporting System by 2028

Fujifilm plans to put into practical use by fiscal 2028 an artificial intelligence system that automatically generates diagnostic reports based on medical images. The AI will analyze images, identify organs or potential diseases, and instantly draft reports that doctors can then review and edit as needed.

Man Arrested for Selling Colorized Godzilla DVDs Using AI

A 66-year-old part-time worker has been arrested for selling pirated DVDs of the black-and-white film "Godzilla" that had been colorized using generative AI technology.

Video Annotation Tools Compared for Enterprise AI Needs

Video annotation at the enterprise level is a different challenge. You're not just labeling frames. You’re managing scale, accuracy, security, and team coordination across large datasets.

Japan’s Metaplanet Aims for 1% of Bitcoin Supply with $5.4B Equity Blitz

A lesser-known real estate name in Tokyo, Metaplanet, has just announced that they will take a huge step into the crypto world.

Fukuoka's Heat Measures: AI to Tackle Rising Temperatures

On June 18th, Fukuoka Prefecture issued its first heatstroke alert of the year, with 16 people being transported due to suspected heatstroke, according to a summary from FBS. The scorching heat, which already feels like midsummer, has led to the launch of a product showcase aimed at helping people cope with the extreme temperatures.