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softbank news

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

SoftBank CEO Masayoshi Son.
Updated on Nov 11, 2025 01:10 pm IST

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 on Feb 07, 2025 05:34 pm IST

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 on Feb 03, 2025 02:14 pm IST

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 on Jan 22, 2025 01:53 am IST

'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 on Nov 28, 2024 03:29 pm IST

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 on Nov 13, 2024 03:16 pm IST

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 on Oct 27, 2024 01:09 pm IST

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 on Sept 30, 2024 08:23 pm IST

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

The logo of SoftBank Corp. is seen at its shop in Tokyo.
Published on Aug 15, 2024 10:25 am IST

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 on Mar 26, 2024 10:04 am IST

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

176 set of emojis were released in 1999 in Japan
Published on Feb 18, 2024 09:15 pm IST

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

SoftBank CEO Masayoshi Son (Reuters)
Published on Feb 17, 2024 09:34 am IST

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

FirstCry's income from products sales surged 2.37 times to 5,519 crore in this financial year, accounting for 98 per cent of the total operating revenue.
Published on Dec 27, 2023 05:03 pm IST

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

A SoftBank store in Ginza shopping district in Tokyo. (File)
Published on Sept 15, 2023 10:07 am IST

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

A women uses an iPhone mobile device as she passes a lighted Apple logo at the Apple store
Published on Sept 06, 2023 01:48 pm IST

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 on Aug 11, 2023 01:53 pm IST

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

A SoftBank store in Ginza shopping district in Tokyo. (File)
Published on Feb 11, 2023 09:23 am IST

SoftBank-backed Snapdeal files for IPO

Snapdeal plans to use proceeds from the IPO for organic growth initiatives, the filing showed.
Published on Dec 21, 2021 02:53 pm IST

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 on Nov 11, 2021 09:30 pm IST

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

Hotel aggregator Oyo 
Published on Oct 01, 2021 12:34 pm IST

SoftBank-backed MadeiraMadeira raises $190 mln in new funding round

Scandian said MadeiraMadeira would launch new own-brand products in its stores to add to the 400 currently available, while also eyeing international expansion.
Published on Jan 07, 2021 07:06 pm IST

Indian economy emerging stronger after Covid-19, says SoftBank India head Kohli

SoftBank India Country head Manoj Kohli said that becoming a USD 5 trillion economy by 2025 is a very important goal and the next five years are tough.
Published on Dec 12, 2020 08:42 pm IST

375% return on one startup to help SoftBank get past WeWork woes

SoftBank invested $1.35 billion last November in a Beijing-based company called KE Holdings Inc.
Published on Nov 09, 2020 07:45 am IST

SoftBank is said to consider bid for TikTok in India: Report

India, a long-time regional rival, has taken a particularly tough stance, banning 59 of China’s largest internet services in July, including TikTok.
Published on Sept 04, 2020 02:02 pm IST

SoftBank exploring partnerships to bid for TikTok’s India business

SoftBank declined to comment on the development. An email sent to ByteDance India, the parent of TikTok, remained unanswered till press time.
Updated on Sept 04, 2020 04:01 am IST

SoftBank commits $1.1 billion to WeWork even as members drop

The new investment from SoftBank comes after its roughly $100 billion Vision Fund recorded losses after writing down WeWork’s valuation to $2.9 billion.
Published on Aug 15, 2020 06:16 am IST

SoftBank drops operating profit measure, points to Vision Fund gains

SoftBank said the fund trimmed stakes in four listed portfolio companies in April-June and exited three unlisted companies. It did not identify the companies.
Published on Aug 11, 2020 01:25 pm IST

Amazon to offer auto insurance in India

The insurance is currently available on Amazon’s app and mobile website.
Updated on Jul 23, 2020 02:58 pm IST