SoftBank Group Leveraged to AI through Arm, Starlink and SoftBank Open AI Japan JV
1) The IPO and sell-down of the core Japanese telecom business. SoftBank sold around 36% of its shares of the core domestic telecom business in 2018 in an IPO, with the proceeds being used for ...
SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third ...
SoftBank swings to $2.4 billion loss in Q3 as value of Vision Fund’s holdings take a hit
SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings ...
Japan’s SoftBank swings to a loss ahead of big AI infrastructure bet on Stargate Project
The company posted a US$2.4 billion loss in the December quarter, as founder Masayoshi Son campaigns to raise US$500 billion ...
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SoftBank Vision Fund Hit With More Losses
SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its ...
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SoftBank reports $2.4 billion loss as it prepares for major AI investments
SoftBank just took a $2.4 billion hit in its fiscal third quarter, sinking into losses as the Japanese tech giant prepares to ...
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project — 2nd Update
SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...
OpenAI Investor SoftBank (SFTBF) Tumbles to $2.4B Loss Before Stargate Launch
Japanese tech investor SoftBank (SFTBF) swung to a $2.4 billion loss in the quarter ended December as valuations at its ...