rakuten
Japan grants Rakuten up to $912m for satellite network
Rakuten is in talks with US firm AST SpaceMobile to form a joint venture for the satellite project.
Rakuten develops lower-cost AI models for ecommerce
Rakuten now has a 1,000-person AI team and uses thousands of Nvidia chips for its projects.
Rakuten launches open-weight LLM, claims beat GPT-4o
Rakuten plans to release it as an open-weight model in spring 2026, or around March-May.
Rakuten, Uber integrating apps in Japan to expand partnership
Users can also combine Rakuten Point Online with Rakuten Pay for up to 2% back in points on eligible payments.
Viber enters PH super-app race
Viber battles GCash and Grab for the super-app crown in the Philippines, and US financing firm PayJoy enters Indonesia.
Anthropic opens first Asia office in Tokyo
Anthropic is working with Japanese firms, including Rakuten, Nomura Research Institute, and Panasonic, to integrate its AI model, Claude.
Rakuten weighs US IPO for credit card unit: sources
The Japanese ecommerce and finance group reportedly began weighing the move last month, with options still at an early stage.
Rakuten engages banks for $1b yen bond deal
The bonds are expected to price on July 23.
Rakuten to invest $100m in India, expand AI workforce
Rakuten currently employs 4,000 people in India, 90% of whom are technology professionals.
Rakuten expands autonomous delivery with advanced robots
Rakuten delivery robots meet Japan’s Robot Delivery Association safety standards.

