SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...
For its third quarter, SoftBank Group booked a net loss of 369.165 billion yen, equivalent to $2.42 billion, compared with a net profit of Y950.00 billion in the year-earlier period. That missed the ...
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...
SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
In testimony to Congress, Fed Chair Jerome Powell stressed the U.S. central bank is in no rush to cut interest rates. His ...
The Sakai AI Data Center project was detailed, with plans to deliver 150 megawatts by 2026 and expand to 250 megawatts. The facility will support both SoftBank’s internal AI initiatives and ...
Japan's SoftBank Group is set to make a quarterly net profit of 234 billion yen ($1.54 billion) on Wednesday as shares in its ...
After helping President Trump get elected, Elon Musk was poised to dominate the country’s A.I. policies. Then Mr. Altman ...
President Donald Trump plans to cover a range of issues in his meeting with Japanese Prime Minister Shigeru Ishiba.
Japan’s SoftBank will invest $40 billion in OpenAI, according to press reports. The deal is the second between the partners in one week and is based on a $260 billion valuation of OpenAI. SoftBank has ...