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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'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 posts surprise loss in third quarter, revenue also misses estimates
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.
1d
on MSN
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 ...
1d
on MSN
Arm's Japanese owner is rumored to be buying Arm's only independent server chip vendor but I don't understand the rationale behind it
Ampere Computing could be sold to Softbank for $6.5 billion in a surprising move that could change the data center CPU market ...
5h
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 ...
1d
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 ...
Hosted on MSN
1d
Softbank seeks financing for $500 billion Stargate project
SoftBank is seeking project financing to support its $500 billion Stargate Project with OpenAI through a collaborative effort ...
6d
SoftBank could soon buy Renee James’ Ampere chip company for about $6.5B
Ampere, the semiconductor business founded by former Intel exec Renee James, is reportedly on the cusp of selling itself to ...
20h
on MSN
Cybereason CEO Sues Mnuchin, SoftBank Fund Over Financing Plan
The chief executive officer of Cybereason Inc. sued two investors — former Treasury Secretary Steven Mnuchin and the SoftBank ...
6d
SoftBank reportedly getting close to acquiring chipmaker Ampere in $6.5B deal
SoftBank Group Corp. is reportedly getting close to acquiring chipmaker Ampere Computing LLC in a deal that would value the ...
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