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SoftBank Posts Quarterly Loss
SoftBank's Son back to form with big bets and quarterly loss
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.
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 public holdings, just as Masayoshi Son campaigns to raise $500 billion for the Stargate artificial-intelligence project.
SoftBank Group Posts Quarterly Loss on Weak Tech Funds Business
The Japanese technology investment company reported a quarterly loss, partly due to the weakness in its technology funds business.
2d
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 ...
2d
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 ...
1h
SoftBank reports new stakes in PacBio, Recursion Pharmaceuticals
SoftBank disclosed a 20.45M share position in PacBio (PACB) and 14.67M share position in Recursion Pharmaceuticals (RXRX) in a regulatory ...
16h
Japan’s Biggest IPO Since SoftBank Seeks to Raise $3 Billion
An initial public offering from a key global supplier of semiconductor materials is seeking to raise about ¥460 billion ($3 ...
7h
SoftBank Group Q3 Earnings: Bad Timing For AI Exposure
SoftBank’s AI investments face increasing risks, especially in OpenAI and Stargate. Find out why SFTBF stock could be ...
2d
on MSN
Japan’s 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, or $2.4 billion, loss for the fiscal third ...
3d
on 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 ...
Bisnow
3d
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 ...
11d
on 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 ...
cryptopolitan
9h
SoftBank feels the DeepSeek effect as low-cost AI fuels investor pessimism around $500B Stargate project
While market sentiments among SoftBank investors remain pessimistic due to the emergence of more low-cost alternatives from China, there is still hope.
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