Softbank Group

Sources confirmed that SoftBank's investment in value ecommerce player Meesho is sitting at 2x

SoftBank has doubled down on its bets on AI through a flurry of projects that include a Stargate data center with Hon Hai Precision Industry Co

SoftBank is close to raising $64 billion through retail bonds, giving Masayoshi Son more funds for major AI projects, including its role in the $500 billion Stargate initiative

SoftBank Group Corp.'s shares have tumbled 40 per cent from late October, while Oracle Corp.'s stock has given up all gains made since early September

This isn't SoftBank's first departure from the chipmaker. Its Vision Fund was among Nvidia's early backers, having built a $4 billion stake in 2017 before offloading its entire holding in January 2019

SoftBank will cut nearly 20 per cent of Vision Fund staff worldwide as it shifts focus to AI projects like the $500 billion Stargate plan, investing heavily in chips, data centres and OpenAI

SoftBank shares soared to a record after Oracle revealed nearly $500 billion in future contracts, boosted by OpenAI, raising optimism about the company's AI-driven growth prospects

SoftBank still holds 691.6 million shares in Ola Electric, making it the second largest shareholder in the company after founder Bhavish Aggarwal

The shares of the chip giant lost 60% of their value last year as it could not gain traction in the artificial intelligence (AI) market, which is dominated by Nvidia

The secondary share sale will give OpenAI employees a chance to get cash-rich amid a high-stakes talent war in the artificial intelligence industry

The 67-year-old has several candidates in mind, but won't make an announcement until the last minute, Son said during a general shareholders' meeting in Tokyo

SoftBank Group CEO likened his aim to the position of dominant technology platform providers such as Microsoft, Amazon and Alphabet's Google, which benefit from a "winner takes all" dynamic

SoftBank officials are keen to have the Taiwanese maker of Nvidia Corp.'s advanced AI chips play a prominent role in the project

The result compared with 231 billion yen profit for the same period the previous year and the 26.9 billion yen average loss from five analyst estimates compiled by LSEG

SoftBank would provide 75 per cent of the funding, according to a person familiar with the matter, with the remainder coming from Microsoft, Coatue Management, Altimeter Capital and Thrive Capital

The factories would likely use AI-equipped robots that would operate autonomously because of labor shortages in the country, according to the report

The deal is set to value the company at $300 billion including dollars raised - almost double the ChatGPT maker's previous valuation of $157 billion from when it raised money in October

The Japanese technology investor might borrow another $8 billion in early 2026

In particular, SoftBank was hit by unrealised valuation losses for South Korean e-commerce platform Coupang, Chinese ride-hailing firm Didi Global and AutoStore Holdings

QuEra Interim Chief Executive Officer Andy Ory said the latest funding round came together quickly - "in a matter of weeks" - after the startup cleared a series of technical challenges