The company posted a US$2.4 billion loss in the December quarter, as founder Masayoshi Son campaigns to raise US$500 billion for Stargate.

SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...

SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...

Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third ...

The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion) for the fiscal third quarter amid volatility in ...

Softbank’s Masayoshi Son unveiled the Stargate AI venture alongside OpenAI and US President Donald Trump last month ...

SoftBank Group Corp on Wednesday swung to a loss of 369.16 billion yen ($2.4 billion) in the third quarter of FY24 as shares ...

OpenAI co-founder and CEO Sam Altman was quick with a quippy shutdown to Elon Musk's unsolicited bid Monday to buy the ...

QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google (GOOGL) and ...

Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front ...

Zeta, a next-gen banking tech provider to financial institutions globally, today announced it has secured a $50 million investment from a strategic investor valuing it at $2 billion. Zeta had ...