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 ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments.
SoftBank books surprise loss of $2.4 billion in third quarter
The result will further raise questions about how SoftBank will fund one of its most ambitious undertakings - a hefty ...
SoftBank Corp. (SOBKY) Q3 2025 Earnings Call Transcript
Q3 2025 Results Conference Call February 10, 2025 4:00 AM ETCompany ParticipantsJunichi Miyakawa - President and ...
Researchers find largest black hole jet from early universe
Researchers said on Thursday that they had discovered twin-lobed radio jets they suspect were formed when the universe was ...
Is Cipher Mining Inc. (CIFR) the Best Blockchain Stock to Buy According to Analysts?
We recently compiled a list of the 10 Best Blockchain Stocks to Buy According to Analysts. In this article, we are going to ...
USA Today11d
Trump announces $500B Stargate AI project: 'Country will be prospering like never before'
ChatGPT creator OpenAI, Softbank and Oracle, along with other equity backers of Stargate, have committed $100 billion for immediate deployment, with the remaining investment expected over the ...
Fortune16d
SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison
From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21 ...
Indiatimes20d
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: Report
OpenAI and SoftBank did not immediately respond to Reuters' requests for comment. On Tuesday, US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest ...
Yahoo Finance20d
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
(Reuters) -OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information ...
Indiatimes20d
SoftBank, OpenAI launch $500 billion AI infrastructure project, Masayoshi Son named chairman
"This investment will re-industrialise America…But more importantly, it gives OpenAI the computing power it needs for AGI research,” OpenAI said in a statement. The infrastructure buildout aims to ...
Reuters20d
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
Jan 22 (Reuters) - OpenAI and Japanese conglomerate SoftBank (9984.T), opens new tab will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial ...
The Taipei Times20d
Trump touts new AI project by Softbank, Oracle and OpenAI
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker ...