In 50 Words: SoftBank invests $65m in UK-based AI firm Tractable

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In 50 Words: SoftBank invests $65m in UK-based AI firm Tractable

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Japanese conglomerate SoftBank has invested US$65 million in UK-based Tractable, which uses AI to inspect insurance claims via photos, according to Nikkei Business Daily.

The news follows SoftBank CEO Masayoshi Son’s recent plans to prioritize AI after scaling back new investments earlier this year.

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