Page 2 - Softbank Group

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

Japan's Softbank Group likely to make $1.5 billion quarterly profit

The profit of 234 billion yen is based on the average of four analyst estimates compiled by LSEG, and compares with a gain of 950 billion yen in the same period last year

SoftBank may invest up to $25 billion in OpenAI, eyeing top backer role

Stargate is a joint venture by Oracle, OpenAI and SoftBank, that plans to invest up to $500 billion to help the United States stay ahead of China and other rivals in the global AI race

Oyo's premiuim hotel brand 'SUNDAY' launches first international hotel

In a bid to expand its premium property portfolio overseas, SUNDAY, a luxury hotel brand owned by OYO's parent firm and SoftBank Group, has opened its first properties abroad in the UK and UAE, OYO announced on Wednesday. The initiative is a part of OYO's ongoing efforts to strengthen its premium property portfolio across the globe, the company stated. SUNDAY Lansbury Heritage near London's iconic business district Canary Wharf will now be operated by Oravel. The 35-room property is a restored Grade II listed building with its history dating back to 1628 when the East India Company built its first chapel and almshouses on the site. SUNDAY in Dubai has been launched with the opening of SUNDAY Holiday International Hotel. The premium brand of properties was originally launched in May 2023 in India by the joint venture between the Softbank and Oravel Stays. At present, there are three SUNDAY properties in India with a plan to increase to 25 by the end of March 2025. "Our data indic

SoftBank plans to buy $1.5 billion worth OpenAI shares from employees

SoftBank contributed $500 million to OpenAI's $6.6 billion fundraising round in October, but had pushed for a larger allocation at the time

SoftBank founder Masayoshi Son likely to meet PM Modi on Wednesday

While the matter of discussion was not immediately clear, the visit comes as SoftBank eyes more artificial intelligence and technology bets in Asia's third-largest economy

Nvidia CEO Huang regrets turning down SoftBank's offer to fund acquisition

During a conversation at the Nvidia AI Summit in Japan, Jensen Huang praised SoftBank's Masayoshi Son for his contributions across multiple industry sectors in Japan

SoftBank plans first supercomputer with Nvidia's Blackwell design chips

Nvidia's chips have become a prized commodity for the world's biggest tech companies, which use the components to develop and run AI models

SoftBank returns to quarterly profit with $7.7 bn gain, beats expectations

But while Vision Fund 1 has had a gross gain of $22.6 billion since inception this has been largely offset by Vision Fund 2's $21 billion loss

Japan's SoftBank picking stock winners in India's red-hot IPO market

Further successful IPOs may add funds for Chief Executive Masayoshi Son's planned large-scale push into AI

SoftBank to buyback $3.4 bn worth shares amid pressure from investors

It unveiled a plan to buy back up to 6.8 per cent of shares over the next 12 months, taking some of the sting out of an unexpected net loss for April-June

Stock rout in Japan wipes out $15 bn of SoftBank Group Corp's value

The technology giant's stock fell 19 per cent, the worst performance since SoftBank listed on the Tokyo Stock Exchange in 1998