SoftBank Swings to a Loss Ahead of Big AI Bet With OpenAI
SoftBank Group Corp. tumbled to a loss in the December quarter, weighed down by a drop in the value of the Vision Fund’s public holdings, just as Masayoshi Son campaigns to raise $500 billion for the Stargate artificial-intelligence project.
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 of some of its top portfolio companies declined sharply during the period.
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 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 reports surprise loss, bets bit on Stargate
CNBC's Deirdre Bosa joins 'Squawk on the Street' with details about SoftBank.
SoftBank books surprise loss of $2.4 billion in third quarter
By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
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 ...
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 ...
SoftBank Group Corp. (SFTBY) Q3 2025 Earnings Call Transcript
Q3 2025 Earnings Conference Call February 12, 2025 2:30 AM ETCompany ParticipantsYoshimitsu Goto - Board Director ...
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 ...
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 ...
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SoftBank Group Collaborates with OpenAI to Lead Advanced AI Innovation for Businesses
SoftBank Group has collaborated with OpenAI to lead advanced AI innovation for businesses. Takeaway Points SoftBank Group has ...
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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 sets up joint venture with OpenAI for Japan companies
SoftBank Group Corp. announced on Feb. 3 that it has established a joint venture with U.S.-based OpenAI to provide artificial ...
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SoftBank and OpenAI Are teaming up for new AI partnership in Japan
Japanese technology giant SoftBank Group and artificial intelligence pioneer OpenAI announced the formation of a new joint ...
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SoftBank Vision Fund Hit With More Losses
SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its once-heralded Vision Fund unit. The Vision Fund unit, famed for its investment ...