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Business deals

SoftBank buys stake in hyper-accurate US weather service

Potential demand for real-time forecasts seen in airline and insurance sectors

Demand is high for ClimaCell's detailed microweather forecasts in the agriculture sector. (Photo courtesy of ClimaCell)

TOKYO -- SoftBank Group has invested $7 million in ClimaCell, a U.S. weather startup that uses cellular signals in making detailed weather forecasting.

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