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 ...
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 ...
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 ...
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SoftBank expands AI push amid Vision Fund woes, OpenAI partnership
SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it ...
SoftBank posts loss of $2.4 bn in Q3 on fall in 'Vision Fund' valuations
In particular, SoftBank was hit by unrealised valuation losses for South Korean e-commerce platform Coupang, Chinese ...
SoftBank mulls debt-heavy financing for its AI push
SoftBank Group Corp founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence (AI) venture with OpenAI that could cost US$500bil or ...
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SoftBank to scale back on $500B Stargate expansion if financing deteriorates: CFO Yoshimitsu Goto
SoftBank's broader goal is to “accelerate the AI revolution” by building robust infrastructure. The Stargate Project, set to ...
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 ...
SoftBank posts surprise loss in third quarter as Vision Fund investments go into red; revenue also misses estimates
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
SoftBank posts unexpected $369 billion Q3 loss as Vision Fund stumbles
SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.