Page 2 - Softbank

Oyo delays IPO to 2026 after SoftBank pushback, targets $7 bn valuation

Oyo and SoftBank did not immediately reply to a Reuters request for comment. India's blue-chip Nifty 50 is up about 3 per cent this year

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

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, OpenAI set up joint company to push AI services in Japan

Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. SoftBank Chief Masayoshi Son and OpenAI Chief Sam Altman appeared at an event in Tokyo, talking up their collaboration and inviting Japanese companies to join. Son, holding a shiny blue crystal ball as a symbolic prop, said its AI service Cristal could be used by companies for planning, marketing, emails and figuring out old source codes. Cristal will first roll out in Son's own SoftBank Group companies, which include Arm, a semiconductor and software company, and PayPay, an electronic payment service. SoftBank said it plans to spend $3 billion a year to integrate Cristal across its companies. This will be super-intelligence for the company. I'm so excited, Son told reporters and other participants at the Transforming Business through AI event. Altman talked about the just announced deep research, which allows ChatGPT to carry out more

OpenAI seeks $40 billion in fresh funding as DeepSeek disrupts AI market

The development follows concerns sparked by Chinese AI startup DeepSeek, which recently introduced a highly advanced chatbot at a significantly lower cost than its American rivals, unsettling the mark

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

SoftBank-backed Lenskart said to tap banks for $1 billion IPO: Report

"Lenskart may seek a valuation of about $8 billion in a potential offering"

Microsoft set to benefit from Stargate joint venture with zero investment

Despite investing almost $14 billion in OpenAI and using the startup's AI models for its next-generation cloud services, Microsoft was mentioned only as a technology partner

SoftBank, OpenAI commit $19 bn each to $100 bn US AI venture 'Stargate'

The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam Altman to colleagues

Musk questions proposed $100 bn investment on AI venture, Altman fires back

Altman took to X to dispute Musk's characterisation on Wednesday, calling it wrong and suggesting Musk was upset because the pact could rival the billionaire's own AI efforts

OpenAI announces $500 bn 'The Stargate Project'; here's what we know so far

The Stargate Project will focus on building data centres dedicated exclusively to OpenAI as the company continues to expand its generative AI computing capabilities

Oyo completes US-based G6 Hospitality acquisition for $525 million

The deal is expected to increase Oyo's earnings before interest, taxes, depreciation and amortisation (Ebitda) to over Rs 2,000 crore in FY26

Arm CEO downplays ambitions to make its own chip in Qualcomm case

The crux of the litigation is a clash over Qualcomm's license agreement for the use of Arm's intellectual property following Qualcomm's $1.4 billion acquisition of chip startup Nuvia in 2021

SoftBank CEO announces $100 bn US investment in meeting with Trump

Son will also promise in a joint announcement with Trump to create 100,000 jobs focused on artificial intelligence (AI) and related infrastructure

Paytm hits 52-week high after Singapore arm to sell stake in Japan's PayPay

Paytm currently has a cash balance of over Rs 10,000 crore. The Rs 2,364 crore sale would expand it by over 20 per cent