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 Swings to a Loss Ahead of Big Stargate AI Bet
SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings ...
Google, SoftBank back Boston-based quantum startup QuEra in $230 million deal
Google and SoftBank’s Vision Fund are new investors in QuEra Computing Inc., participating in a $230 million funding round ...
Cybereason CEO Sues Mnuchin, SoftBank Fund Over Funding Plan
The chief executive officer of Cybereason Inc. sued two investors — former Treasury Secretary Steven Mnuchin and the SoftBank ...
SoftBank Group returns to profitability in April-December period
SoftBank Group Corp. said Wednesday it swung back to profitability with a net profit of 636.15 billion yen ($4.1 billion) in ...
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SoftBank swings to a $2.4B loss in Q3 amid lacklustre tech bets
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 ...
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 ...
The Financial Express4h
SoftBank Vision Funds lose $2.3 billion in investments in Q3
Japanese investor SoftBank Group Corp’s tech-focused Vision funds reported an investment loss of $2.3 billion (352.7 billion ...
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SoftBank Group and OpenAI team up for enterprise AI offering
OpenAI will provide its AI research, technology, and engineering support to the JV, and SoftBank Corp. its sales staff and ...