SoftBank's broader goal is to “accelerate the AI revolution” by building robust infrastructure. The Stargate Project, set to ...
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 ...
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it ...
Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...
One Wall Street analyst believes Tesla CEO Elon Musk’s gambit for OpenAI is a distraction for the company at a very important time.
Softbank swung to a loss for the fiscal third quarter as it shouldered losses in its private Vision Fund portfolios.
Japanese tech giant SoftBank Group has posted a profit for the April-to-December period for the first time in three years. It comes as the company looks to fund greater investment in the AI sector.
Quantum computing, long relegated to the realm of the theoretical, feels like it is back on the agenda as a potentially ...
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 ...
SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third ...