SoftBank invests $5 billion into Didi Chuxing and $4 billion more in Nvidia

SoftBank, the giant telecom company, is venturing out into the world of robotics and transportation services. DealStreet Asia said that SoftBank is trying to transform itself into the'Berkshire Hathaway of the tech industry' with the recent launch of a $100 billion technology fund. First SoftBank bought Aldebaran, the maker of the Nao and Romeo robots, and redirected them to produce the Pepper robot which has been sold in the thousands to businesses as a guide, information source and order taker, then bigger partnerships with Foxconn and Alibaba to manufacture and market Pepper and other consumer products, and most recently to establishing the $100 billion technology fund. Recognizing that the telecom services market has matured, SoftBank is putting their money where they can to participate in the new worlds of robotics and transportation as a service. Didi, which already serves more than 400 million users across China, provides services including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental and DiDi Enterprise Solutions to users in China via a smartphone application.