Internet of Things

IoT
SoftBank-backed Mapbox finds its way into Japanese smart industry
The company, which provides digital map services to the likes of Foursquare and Lonely Planet in its home market, now counts one of Japan's biggest construction conglomerates as a customer. The shift is part of Mapbox's bet on automation and smart industry as future opportunities for growth.
SoftBank's Vision Fund 2: more firepower, bigger questions
Bill Huang likes to think in hundred-year cycles. A former telecoms engineer, Huang founded CloudMinds in 2015, driven by the belief that the unstoppable rise of artificial intelligence and the widespread adoption of robotics will outpace the capabilities of computer chips. His solution: to build a "cloud brain" that connects millions of robots in homes, offices and factories with the vast computing power of remote servers. CloudMinds' pitch, with its huge ideas, long-term vision and its worldview centered on the rapid evolution of artificial intelligence, was almost guaranteed to appeal to Masayoshi Son, founder and CEO of SoftBank Group.
Taisei, SoftBank team up on 5G construction tech
Taisei Corp. and SoftBank Group Corp. are planning to use 5G networks to run autonomous and remotely operated construction machinery in land-reclamation projects in the Kanto region as early as autumn, the companies announced on Wednesday.