Softbank Group

SoftBank's Masayoshi Son 'cried' about Nvidia stake sale to fund AI bets

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 hits $64 bn retail bond mark to drive Masayoshi Son's AI vision

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

OpenAI jitters leave Sam Altman's business buddies feeling the heat

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

Japan's SoftBank sells its entire stake in Nvidia for $5.83 billion

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 to trim Vision Fund team by 20% to focus on Son's AI projects

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's Masayoshi Son goes 'all in' on OpenAI, echoing past tech risks

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 cuts Ola Electric stake to 15.68% after offloading 2.15%

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

SoftBank invests $2 bn in Intel as chip giant hopes to revive fortunes

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

OpenAI staff plan to sell $6 billion in stock to SoftBank, other investors

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

Masayoshi Son prepares to pick successor from within SoftBank Group

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 aims to become top artificial super intelligence platform provider

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 pitches $1 trillion AI, robotics hub in US to TSMC, Trump team

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

Japan's SoftBank Group Q4 results: Profit rises to $3.5 bn, beats estimates

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

OpenAI to raise $40 bn in funding round led by SoftBank for AI research

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

SoftBank planning to invest $1 trillion for AI effort in US: Report

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

OpenAI close to finalising $40 bn SoftBank-led funding at $300 bn valuation

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

SoftBank Group CEO in talks to borrow $16 billion to invest in AI: Report

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

SoftBank posts loss of $2.4 bn in Q3 on fall in 'Vision Fund' valuations

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

Google, SoftBank back quantum computing startup QuEra in $230 million deal

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

SoftBank chief Son explores debt-heavy financing for $500 billion AI push

The Japanese billionaire is looking at a technique called project financing that is sometimes linked with oil and gas projects, according to people familiar with the matter