SoftBank returns to black in April-Dec., invests more in OpenAI
SoftBank Group Corp. said Wednesday it swung back to profitability with a net profit of 636.15 billion yen ($4.1 billion) in ...
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. The report ...
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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 ...
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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 ...
Google, SoftBank Back Quantum Startup QuEra in $230 Million Deal
Startup investors including Alphabet Inc.’s Google and SoftBank Group Corp. are betting that quantum computing, often thought ...
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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 ...
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 ...