Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments.
For SoftBank Group Corp. investors looking for the stock to climb back to all-time highs on a revival of the artificial intelligence boom, DeepSeek poses a major hurdle.
Goldman Sachs Group Inc.’s growth equity unit led a $125 million funding round for software startup Tines Security Services Ltd., valuing the startup at $1.13 billion — and underscoring investors’ appetite for artificial intelligence-powered business tools.
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.
Last week as Elon Musk seemed to place his OpenAI offer on and off the table daily, something else OpenAI-related caught our eye — SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter.
In January, SoftBank Group and OpenAI announced a plan to invest up to half a trillion dollars in AI infrastructure in the U.S., together with other partners such as Oracle and Abu Dhabi-based MGX. The companies said they were committing $100 billion to ...
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.
Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech investor SoftBank Group didn’t have many answers about the details of one
SoftBank's telco arm remains strong despite challenges, but high-risk AI ventures and premium valuations pose significant near-term investment risks. Learn more on SOBKY stock here.
An investor group is planning to build what's been billed as one of the world's largest AI data centers in South Korea at a cost of $35 billion.
While market sentiments among SoftBank investors remain pessimistic due to the emergence of more low-cost alternatives from China, there is still hope.