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Softbank News

SoftBank offloads entire Nvidia stake for $5.8 billion in surprise move

SoftBank CEO Masayoshi Son.

Updated 244 days ago

SoftBank makes surprise $2 billion bet on Intel’s AI revival

SoftBank makes surprise $2 billion bet on Intel’s AI revival

Updated 328 days ago

Japan's Ishiba makes a whirlwind Washington trip to try to forge a personal connection with Trump

Japan's Ishiba makes a whirlwind Washington trip to try to forge a personal connection with Trump

Updated 521 days ago

ChatGPT's new tool can do work at level of a ‘research analyst’

OpenAI and ChatGPT logos are seen in this illustration taken, February 3, 2023.

Published 525 days ago

Trump to announce up to $500 billion in AI infrastructure investment: Report

US President Donald Trump waves as he arrives at the inaugural parade inside Capitol One Arena in Washington, DC.

Published 537 days ago

'Born to do this': Masayoshi Son's SoftBank to invest $1.5 billion into OpenAI

SoftBank CEO Masayoshi Son has also publicly expressed admiration for OpenAI co-founder and CEO Sam Altman and said he frequently talks to him

Updated 592 days ago

SoftBank CEO rues dumping Nvidia stake, pretends to cry as he hugs Jensen Huang

Jensen Huang, CEO of Nvidia, left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group, during a fireside chat at the Nvidia AI Summit Japan.

Published 607 days ago

SoftBank CEO inflates AI bubble; He once threatened to set himself on fire for…

So unusual is Masayoshi Son — known as “Masa” — that he is now the subject of two books, one by former Financial Times editor Lionel Barber and another by Alok Sama, a former president of Son’s telecommunications and technology giant Softbank Group International

Updated 624 days ago

SoftBank to invest $500 million in Sam Altman's OpenAI: Report

OpenAI is reportedly in talks to secure $6.5 billion in funding, with SoftBank's Vision Fund planning a $500 million investment. This round, which includes Thrive Capital and Microsoft, comes during a tumultuous period for OpenAI, marked by executive departures and potential restructuring.

Published 650 days ago

SoftBank scraps AI chips tie-up plan with Intel: Report

Published 697 days ago

Meesho's $300 million funding round: Tiger Global bets, SoftBank's call and more

Meesho co-founders Vidit Aatrey, CEO, and Sanjeev Barnwal, CTO.

Published 839 days ago

Vibe 25: The first set of emojis were released in 1999 in Japan

176 set of emojis were released in 1999 in Japan

Published 875 days ago

Softbank CEO Masayoshi Son seeks to build $100 billion AI chip venture

SoftBank CEO Masayoshi Son (Reuters)

Published 877 days ago

SoftBank veteran Nikesh Arora now a billionaire CEO, has net worth of $1.5 bn

Nikesh Arora

Published 921 days ago

Big setback for FirstCry ahead of IPO, firm reports 6x net loss: Report

FirstCry's income from products sales surged 2.37 times to <span class='webrupee'>₹</span>5,519 crore in this financial year, accounting for 98 per cent of the total operating revenue.

Published 929 days ago

SoftBank-owned Arm soars 25% in market debut to $65 billion valuation

A SoftBank store in Ginza shopping district in Tokyo. (File)

Published 1032 days ago

Apple, SoftBank-owned Arm ink new long-term deal for chip technology

Published 1041 days ago

Once worth $47 billion, WeWork shares near zero after bankruptcy warning

Shares of the company closed 38.5% lower at 12 cents on Wednesday.

Updated 1067 days ago

SoftBank's Arm China sacks at least 90 workers: Report

A SoftBank store in Ginza shopping district in Tokyo. (File)

Published 1248 days ago

SoftBank-backed Snapdeal files for IPO

Snapdeal plans to use proceeds from the IPO for organic growth initiatives, the filing showed.

Published 1665 days ago

SoftBank says could invest another USD 5-10 bn in India in 2022

SoftBank is investing in life sciences, SaaS companies, B2B companies, deep-tech, robotics, autonomous vehicles etc in China.

Published 1704 days ago

SoftBank-backed Oyo files draft papers for $1.14 billion IPO

Hotel aggregator Oyo

Published 1746 days ago

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