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SoftBank Group invests $65M in UK insurance firm – Nikkei.

ReutersJuly 18, 2023

36

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TOKYO (Reuters) – SoftBank Group‍ Invests⁣ $65 Million in AI Insurance⁣ Technology Company

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In‍ an‌ exciting development, ⁣SoftBank Group has ‍made a‌ significant ‌investment of $65 million in Tractable, a British company that specializes in insurance technology. ⁢Tractable utilizes artificial⁢ intelligence⁣ to‍ assess insurance claims through⁢ photos,‍ revolutionizing⁤ the industry.‌ This move by‌ SoftBank Group showcases their ⁢commitment to embracing‍ cutting-edge⁢ technologies and staying ⁤ahead of the curve.

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⁤ (Reporting by Anton⁢ Bridge, ⁢Editing by Louise Heavens)

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ReutersJuly 18, 2023

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