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 ...

Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...

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 ...

SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...

Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...

SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings ...

SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.

In particular, SoftBank was hit by unrealised valuation losses for South Korean e-commerce platform Coupang, Chinese ...

OpenAI CEO Sam Altman rejected Elon Musk's unsolicited $97.4 billion acquisition offer for the artificial intelligence ...

SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.