Toggle light / dark theme

Ahead of the fund’s launch on Saturday, Mr. Son said it would focus on investing in sectors including artificial intelligence, smart devices and semiconductors. “We already have lots in the pipeline,” he said. “We are investing into genome sequencing. We are investing in virtual-reality simulations, the games, and so on.”


Japan’s SoftBank Group and Saudi Arabia’s sovereign-wealth fund on Saturday launched the world’s largest technology fund, a nearly $100 billion vehicle that will steer capital to cutting-edge technologies in U.S. startups and other global firms.

In a statement, SoftBank said the fund secured $93 billion of committed capital. The so-called SoftBank Vision Fund is targeting a total of $100 billion within 6 months. The fund’s creation coincides with U.S. President Donald Trump’s two-day visit to Saudi Arabia, where he is…

To Read the Full Story.

Researchers have proposed a method for detecting exotic events in physics by looking for the scars they leave behind on the fabric of space.

By identifying how objects like cosmic strings or evaporating black holes leave behind memories of their existence on the Universe, it might be possible to move some rather strange phenomena from theoretical to empirical science.

It all comes down to an effect of general relativity called gravitational-wave memory, which is the distortion left behind as space is stretched and relaxed by a massive object.

Read more

Not long ago, your parents might’ve noticed a kid staring at a smartphone in their front yard. There wasn’t anything there. The kid was just…hanging out. What they didn’t know? Said kid was gazing through a digital window and seeing a mythical beast in their well-manicured roses.

This youngster was playing an augmented reality smartphone sensation called Pokémon Go that swept the online masses before fading back. But don’t confuse ephemerality for significance. Pokémon Go’s simple yet viral appeal suggests AR is going to be huge.

“The reason I’m inspired by this? I don’t think Pokemon Go is the pinnacle of AR. It’s kind of like the Solitaire for Windows 3. It’s a killer app at a certain time, a big milestone,” John Werner said at Singularity University’s Exponential Manufacturing Summit in Boston.

Read more

Still, the seed vault is supposed to function without humans having to get involved with maintenance. The Norwegian government is studying the situation and plans to fix the leak.


It was a story that was too good to pass up. The Svalbard ‘doomsday’ seed vault had flooded because of global warming-induced high temperatures melting the surrounding permafrost. But according to one of the vault’s creators, the reports are pretty overblown and everything’s fine. Well, the vault’s fine. The apocalypse is still ticking along nicely.

Read more

SpaceX billionaire Elon Musk may have his heart set on building a city on Mars, but Amazon billionaire Jeff Bezos’ space vision looks closer to home. He’s gazing at the moon.

“I think we should build a permanent human settlement on one of the poles of the moon,” Bezos said today during a Q&A with kids at Seattle’s Museum of Flight. “It’s time to go back to the moon, but this time to stay.”

Read more