SoftBank Group Corp.

The Japanese tech firm is moving to jump-start investment in artificial intelligence.

The offering could end up as much as 15 times oversubscribed by Wednesday.

It’s so far only spent roughly 1 trillion yen of its envisioned share repurchase amount.

SoftBank shares surged as much as 10% on news of the deal and renewed talks for the company going private.

(Mar 8): Grab, the dominant ride-hailing service in Southeast Asia, is close to finalising a deal to acquire Uber Technologies Inc.’s business in the region and may sign a deal this week or next, according to people familiar with the matter.

(July 25): Uber Technologies Inc. is at risk of losing out on another big chunk of the global market.

(July 24): Grab raised US$2 billion ($2.7 billion) from Didi Chuxing and SoftBank Group Corp. in the largest–ever venture fundraising in Southeast Asia, joining forces with two companies instrumental in driving Uber Technologies Inc. out of China.

SINGAPORE (Oct 14): SoftBank Group Corp. said it will form a new fund to invest as much as US$100 billion ($138 billion) in the global technology industry in the next five years, partnering with Saudi Arabia’s public investment fund to find tech compani

(Aug 3): China’s Didi Chuxing and SoftBank Group Corp. are leading a new round of funding in the Southeast Asian ride-sharing service Grab that could exceed US$600 million ($805 million), according to people familiar with the deal.