Tag - softbank

 
 

SOFTBANK

Analysts warn that the emergence of DeepSeek’s low-cost, open-source large language models might cool the artificial intelligence frenzy and thus cap SoftBank's investment performance.
BUSINESS / Companies
Feb 14, 2025
Bears circle SoftBank as DeepSeek clouds outlook for Stargate
DeepSeek’s low-cost AI model is begging the question of whether such massive spending on Stargate is even necessary.
Volatility in the Vision Fund’s quarterly performance consistently dogs SoftBank, which has embarked on a project with OpenAI to invest $500 billion on artificial intelligence infrastructure.
BUSINESS / Companies
Feb 12, 2025
SoftBank swings to a loss ahead of big Stargate AI bet
The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion) for the fiscal third quarter amid volatility in its Vision Fund unit.
SoftBank Group Chairman and CEO Masayoshi Son announces  the Stargate Project, an artificial intelligence venture with OpenAI, during a news conference in Tokyo on Feb. 3.
BUSINESS / Companies
Feb 11, 2025
SoftBank eyes debt-heavy financing for $500 billion AI push
SoftBank and OpenAI’s push to build out tens of gigawatts of datacenter capacity has the potential to be the biggest rollout of computing power ever.
SoftBank Group is in talks to acquire Ampere Computing, according to sources.
BUSINESS / Companies
Feb 6, 2025
SoftBank nears deal to acquire chip designer Ampere
SoftBank is discussing a deal that could value the Oracle-backed chip designer at about $6.5 billion, including debt.
SoftBank CEO Masayoshi Son (right) and OpenAI CEO Sam Altman at an event on Monday to pitch AI for businesses in Tokyo
BUSINESS / Companies
Feb 3, 2025
SoftBank forms joint venture with OpenAI in enterprise play
SoftBank and OpenAI said that the joint venture will help large Japanese enterprises in the adoption and training of Cristal intelligence in order to improve their businesses.
Masayoshi Son's SoftBank Group is in talks to invest as much as $25 billion in OpenAI.
BUSINESS / Companies
Jan 30, 2025
SoftBank in talks to invest up to $25 billion in OpenAI
SoftBank has already committed $15 billion to Project Stargate, a joint venture with OpenAI to build data centers and other AI infrastructure.
SoftBank’s Masayoshi Son has said the firm plans to invest $100 billion in the U.S. over the next four years.
BUSINESS / Tech
Jan 29, 2025
SoftBank in talks to lead $500 million AI robotics funding
The startup Skild is developing software that will allow robots to perform increasingly complicated tasks.
U.S. President Donald Trump delivers remarks on Stargate, as Oracle Executive Chairman Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman look on in the Roosevelt room at the White House.
BUSINESS / Companies
Jan 22, 2025
SoftBank to help fund and lead Trump-backed Stargate AI project, a $500 billion venture
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
SoftBank's Arm Holdings may be interested in taking over chip designer Ampere Computing.
BUSINESS / Companies
Jan 14, 2025
SoftBank's chip designer Arm considers acquiring Ampere Computing
Oracle-backed Ampere makes processors for data center machinery using Arm’s technology.
U.S. President-elect Donald Trump embraces SoftBank chief Masayoshi Son at Trump's Mar-a-Lago club in Palm Beach, Florida, on Monday.
BUSINESS / Companies
Dec 17, 2024
SoftBank pledges $100 billion U.S. investment at Trump event
SoftBank chief Masayoshi Son’s announcement this time marks the highest-profile commitment by a company to expand investment in the U.S. since Trump’s election win.
SoftBank is unhappy that Moody's continues to issue ratings on the company.
BUSINESS / Companies
Nov 28, 2024
SoftBank blasts Moody’s for unsolicited ratings
It says it is considering legal action against the agency, which has continued to publish unsolicited ratings of the company over the past several years.
SoftBank Group will make a tender offer allowing OpenAI employees to cash in shares if they choose.
BUSINESS / Companies
Nov 28, 2024
SoftBank seeks to buy $1.5 billion OpenAI shares from employees
SoftBank will make a tender offer for the stock, allowing OpenAI employees to cash in shares if they choose.
SoftBank chairman Masayoshi Son (right) and Jensen Huang, co-founder and chief executive officer of Nvidia, take part in a fireside chat at the Nvidia AI Summit Japan in Tokyo on Wednesday.
COMMENTARY
Nov 19, 2024
Masayoshi Son is trying to make up for past mistakes
SoftBank, once Nvidia’s top shareholder, dumped its stake — oops! — before the chipmaker became one of the most valuable companies in the world.
Masayoshi Son (front, center) poses with the members of the Fukuoka SoftBank Hawks after the team won the Pacific League championship at Kyocera Dome Osaka on Sept. 23.
JAPAN / Society / Regional Voices: Kyushu
Nov 18, 2024
Masayoshi Son’s aim for SoftBank Hawks remains, 20 years after buyout
This year, the team became Pacific League champions for the first time in four years. But its owner has loftier goals.
Jensen Huang (left), co-founder and CEO of Nvidia, and Masayoshi Son, chairman and CEO of SoftBank Group, during a fireside chat at the Nvidia AI Summit Japan on Wednesday
BUSINESS / Companies
Nov 13, 2024
SoftBank plans first supercomputer with Nvidia Blackwell chips
Nvidia’s chips have become a prized commodity for the world’s biggest tech companies, which use the components to develop and run AI models.
SoftBank returned to the black in the three months to September, as it benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
BUSINESS / Companies
Nov 12, 2024
SoftBank back to quarterly profit with ¥1.18 trillion gain
The tech giant benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
BayStars manager Daisuke Miura is tossed into the air as the team celebrates after Game 6 of the Japan Series on Nov. 3.
BASEBALL / Japanese Baseball
Nov 11, 2024
BayStars manager Daisuke Miura says team never lost faith during Japan Series run
The BayStars defeated the Hawks to win the Japan Series for the first time since 1998.
The BayStars toss manager Daisuke Miura into the air after defeating the Hawks in Game 6 to win the Japan Series in Yokohama on Sunday.
BASEBALL / Japanese Baseball / Sac Bunts
Nov 4, 2024
BayStars turn tables on Hawks after 2017 loss to capture Japan Series title
For the first time in 26 years, the BayStars are Japan Series champions.
Tech entrepreneur, investor and philanthropist Masayoshi Son made his fortune by becoming a bridge between California's technology culture and Japan.
COMMENTARY
Oct 31, 2024
Masayoshi Son may be the oddest of the oddball billionaires
Masayoshi Son made his fortune by becoming a bridge between Californian tech culture and Japan.
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.
COMMENTARY / Japan
Oct 30, 2024
Masayoshi Son inflates the AI bubble even more
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.

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