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SoftBank Group invests $65M in UK insurance firm – Nikkei.
TOKYO (Reuters) – SoftBank Group Invests $65 Million in AI Insurance Technology Company
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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