The Japanese investment holding company SoftBank Group ( OTCPK:SFTBY) purchased two new stakes: 20.45M shares in Pacific Biosciences of California ( PACB ), and 14.66M shares in Recursion ...
SoftBank’s AI investments face increasing risks, especially in OpenAI and Stargate. Find out why SFTBF stock could be ...
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 ...
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Cryptopolitan on MSNSoftBank reports $2.4 billion loss as it prepares for major AI investmentsSoftBank just took a $2.4 billion hit in its fiscal third quarter, sinking into losses as the Japanese tech giant prepares to ...
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.
Japan's SoftBank Group is set to make a quarterly net profit of 234 billion yen ($1.54 billion) on Wednesday as shares in its ...
In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival ...
If SoftBank invests $15 to $20 billion into OpenAI, it would overtake Microsoft — which has poured around $13 billion into the company so far — as OpenAI's lead investor. Such a deal would ...
helped by SoftBank's stake in chip designer Arm. Elon Musk has openly poured scorn on Stargate, saying on X this month that the main investors "don't actually have the money". The world's richest ...
Two years ago, global tech investor Masayoshi Son was at a low point. The SoftBank Group CEO had missed out on the generative artificial revolution taking place, even after flooding the tech ...
SoftBank could dethrone Microsoft as OpenAI's largest single investor — with a potential $25B stake in a reported $40B funding round, doubling the ChatGPT maker's market valuation to $340B News ...
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