SoftBank Seeks Record Loan of Up to $40 Billion for OpenAI Stake
SoftBank Group Corp. is seeking a loan of as much as $40 billion to mostly help finance its investment in…
Tag: Softbank
SoftBank to spend an eye-popping $33B to build huge U.S. gas power plant
SoftBank subsidiary SB Energy is expected to build a massive 9.2 gigawatt natural gas-fired power plant on the Ohio-Kentucky border,…
SoftBank, Toshiba Among Firms Interested in US-Japan Gas Project
Japanese companies including SoftBank Group, Toshiba Corp. and Hitachi Ltd. have expressed interest in participating in a US gas project…
SoftBank misses profit target as OpenAI bet, exits reshape portfolio
SoftBank misses profit estimates but boosts profit, doubles investment gains and leans harder into OpenAI and AI assets after major…
SoftBank says it made $4.2 billion from its OpenAI investment in the last quarter
SoftBank, the Japanese tech investor that has aggressively spent pursuing what it calls “artificial super intelligence,” said its recorded a…
SoftBank Vision Fund books $2.4 billion gain boosted by OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan…
Rajeev Misra Ramps Up Private Equity Bets as SoftBank Scars Fade
Rajeev Misra helped transform SoftBank Group Corp. into one of the world’s largest technology backers before his tenure ended amid…
SoftBank shares surge after telecom unit lifts outlook, Arm strength
Shares of SoftBank Group Corp jumped over 10% after its telecom arm, SoftBank Corp, raised its full-year profit outlook, while…
SoftBank Taps on OpenAI Investment, While Japanese Automakers Drag
SoftBank Group Corp.’s third-quarter earnings next week will be the first opportunity for the Japanese tech giant to respond to…
SoftBank subsidiary to work with Intel on next-gen memory for AI
Saimemory, a subsidiary of multinational investment giant SoftBank, has signed a collaboration agreement with American chipmaker Intel Corp. to advance…