fidelity

SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime

SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime

SoftBank’s Vision Fund is looking to invest almost USD 1 Billion in China-based SenseTime Group for a stake in the world’s most valuable artificial intelligence startup, according to people familiar with the matter. The two companies are..

Uber CEO Steps Down after Investors Call for Resignation

Uber CEO Steps Down after Investors Call for Resignation

Five of Uber Technologies Inc.’s major investors who’ve put $15 billion into the company have convinced CEO Travis Kalanick to resign, but he will still remain on the board of directors.The investors, including Fidelity Investments and B..