TPG
TPG manages alternative assets through several investment platforms including private equity, growth capital, credit, and real estate.
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Sources: SoftBank, Sony, Honda, and six other Japanese companies launch a new AI company to develop a 1T-parameter foundation model for "physical AI" by 2030 (Natsuki Yamamoto/Nikkei Asia)
SoftBank, Sony, Honda, and six other Japanese companies are launching a new AI company to develop a ~1T-parameter foundation model for physical AI by 2030. The article primarily focuses on attacks targeting OpenAI CEO Sam Altman's home in San Francisco, with discussions about AI-related violence and rhetoric in the technology community.
Exol launches US robotic fulfillment network with ‘fulfillment-as-a-service’ model
Exol (formerly GreenBox Logistics) has launched its first US robotic fulfillment-as-a-service network with backing from SoftBank Group and Symbotic's $7.5 billion commitment. The company plans to build six automated facilities nationwide totaling six million square feet, starting with an operational Atlanta facility, offering businesses shared access to warehouse automation without requiring significant capital investment. This model represents a shift toward software-driven, shared robotic infrastructure in logistics, addressing the growing gap between rising labor costs and limited adoption of traditional automation among mid-sized businesses.
OpenAI raises $122 billion as AI infrastructure race accelerates
OpenAI has raised $122 billion in a new funding round backed by major technology and financial firms including Amazon, Nvidia, SoftBank, Microsoft, Andreessen Horowitz, and TPG, valuing the company at approximately $852 billion. The company says the funding will be used to expand its AI infrastructure, develop new systems like GPT-5.4, and scale its products globally, while also expanding its partnerships across multiple cloud providers and chip platforms.