SoftBank Posts Third-Quarter Loss of $2.4 Billion
TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell. The loss will further raise questions about SoftBank's plans for one of its most ambitious undertakings - a hefty investment in OpenAI.
Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...
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Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...
SoftBank’s AI investments face increasing risks, especially in OpenAI and Stargate. Find out why SFTBF stock could be ...
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SoftBank feels the DeepSeek effect as low-cost AI fuels investor pessimism around $500B Stargate projectWhile market sentiments among SoftBank investors remain pessimistic due to the emergence of more low-cost alternatives from China, there is still hope.
Part of the funding is expected to be used for Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by ...
SoftBank will invest multiple billions of dollars in OpenAI's ChatGPT tech, which is great news for AI hardware development ...
On December 6, 2016, Masayoshi Masa — founder of Japanese investment company SoftBank — was due to visit the headquarters of WeWork in New York City. As usual, he was running late, and his ...
The report came just weeks after SoftBank chief Son appeared with President Trump and Sam Altman to announce the Stargate AI ...
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