Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the ...

TOKYO: Japanese technology investor SoftBank Group booked a surprising net loss of ¥369.2 billion (US$2.4 billion) in the ...

Elon Musk, one of the most influential figures in the tech industry, has once again made headlines with a bold move — offering to buy OpenAI’s nonprofit arm for $97.4 billion. The proposal has sparked ...

SoftBank just took a $2.4 billion hit in its fiscal third quarter, sinking into losses as the Japanese tech giant prepares to ...

For most startups, a buyout offer nearing $100bn is something to be celebrated. But OpenAI is not like other startups—and Elon Musk is not like other acquirers.

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 ...

The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it ...

The firm posts a 9-month profit despite a third-quarter loss. An expert says SoftBank is spending big on its tech alliances a bid to vault ahead in the AI service sector.

Japan’s Softbank recorded an unexpected quarterly loss, and less-than-expected revenues from lower investment holdings of ...

Japanese tech giant SoftBank Group has posted a profit for the April-to-December period for the first time in three years. It comes as the company looks to fund greater investment in the AI sector.

For its third quarter, SoftBank Group booked a net loss of 369.165 billion yen, equivalent to $2.42 billion, compared with a net profit of Y950.00 billion in the year-earlier period. That missed the ...