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SoftBank posts surprise loss in 3rd quarter
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it geared up for the Stargate project.
SoftBank's Son back to form with big bets and quarterly loss
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.
SoftBank posts third-quarter loss of US$2.4 billion
Japanese technology investor SoftBank Group booked a net loss of US$2.4 billion in the October-December quarter as valuations at its Vision Fund investment arm fell. Read more at The Business Times.
5h
on MSN
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 ...
6d
SoftBank reportedly getting close to acquiring chipmaker Ampere in $6.5B deal
SoftBank Group Corp. is reportedly getting close to acquiring chipmaker Ampere Computing LLC in a deal that would value the ...
6d
SoftBank could soon buy Renee James’ Ampere chip company for about $6.5B
Ampere, the semiconductor business founded by former Intel exec Renee James, is reportedly on the cusp of selling itself to ...
9d
on MSN
SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech
SoftBank has committed to spending $3 billion per year to use OpenAI’s tech, according to a joint release released on Monday.
12d
SoftBank in talks to lead OpenAI funding round at $300 billion valuation, sources say
SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a ...
The Washington Post
9d
SoftBank and OpenAI set up joint company to push artificial intelligence services
TOKYO — Japanese technology giant
SoftBank
Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan.
SoftBank
Chief Masayoshi Son and ...
8h
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 ...
1d
on MSN
Arm's Japanese owner is rumored to be buying Arm's only independent server chip vendor but I don't understand the rationale behind it
Ampere Computing could be sold to Softbank for $6.5 billion in a surprising move that could change the data center CPU market ...
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