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SoftBank posts surprise loss of $2.4 billion

'Not too concerned' about Softbank's surprise $2.4b loss: New Street Research

Rolf Bulk, equity research analyst at New Street Research says there is no clear catalyst for the discount between Softbank's asset value and share price narrowing, and that he needs more details about the returns on Softbank's upcoming projects in order to properly value the company.

The Financial Times · 1d

SoftBank falls to $2.4bn loss amid plans for huge AI investments

SoftBank tumbled to a $2.4bn loss in its fiscal third quarter as the Japanese conglomerate and its founder Masayoshi Son gear up to finance one of the world’s largest-ever bets on artificial intelligence.

Reuters on MSN · 1d

SoftBank books surprise loss of $2.4 billion in third quarter

By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.

CNBC on MSN · 1d

SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red

SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.

Google, SoftBank Back Quantum Startup QuEra

Bloomberg on MSN · 1d

Google, SoftBank Back Quantum Startup QuEra in $230 Million Deal

Startup investors including Alphabet Inc.’s Google and SoftBank Group Corp. are betting that quantum computing, often thought of as a fantastical science experiment, is getting closer to having sweeping real-world applications.

Observer · 1d

Google, SoftBank Pour $230M into Quantum Computer Startup QuEra

QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google (GOOGL) and SoftBank (SFTBF) ’s Vision Fund 2 to develop “fault-tolerant” quantum computers, designed to overcome the computational errors that have long hindered real-world quantum applications.

TechCrunch · 1d

Google-backed Boston quantum startup QuEra raises $230M debt round

Quantum computing, long relegated to the realm of the theoretical, feels like it is back on the agenda as a potentially viable alternative to the

22hon MSN

SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project

The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it ...

22h

SoftBank brings vision and volatility to big tech bets

SoftBank’s founder Masayoshi Son is known for chasing the next big thing. Some of his big bets on tech companies, such as ...

18hon MSN

SoftBank reveals $2.4 billion loss in Q3

The report came just weeks after SoftBank chief Son appeared with President Trump and Sam Altman to announce the Stargate AI ...

22h

SoftBank Opens Up on the $500 Billion Stargate AI Project—But Details Remain Sparse

Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...

1don MSN

Goldman, SoftBank Back AI Startup Tines Valued at $1.13 Billion

Goldman Sachs Group Inc.’s growth equity unit led a $125 million funding round for software startup Tines Security Services ...

Morning Bid: Tech pierces trade gloom, Softbank reports

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Bisnow2d

OpenAI Securing $40B In New SoftBank Funding, Scouting 16 States For Stargate Projects

SoftBank's latest investment of OpenAI values the company at $260B as its data center joint venture considers sites in 16 ...

9don MSN

SoftBank joins with OpenAI in yearly $3B venture to expand AI in Japan

SoftBank inked a $3 billion deal with OpenAI in a joint venture to market OpenAI tech in Japan with its newly-minuted ...

10don MSN

SoftBank and OpenAI set up joint company to push artificial intelligence services

Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up ...

1don MSN

SoftBank Swings to a Loss Ahead of Big AI Bet With OpenAI

SoftBank Group Corp. tumbled to a loss in the December quarter, weighed down by a drop in the value of the Vision Fund’s ...

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SoftBank posts surprise loss of $2.4 billion

Google, SoftBank Back Quantum Startup QuEra

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