Japan's SoftBank Group Corp on Monday reported $6.1 billion in quarterly profit as a broad upswing in tech valuations brought its mammoth Vision Fund back into positive territory.
SoftBank Group announces layoffs affecting 20% of its Vision Fund team, marking a shift toward larger AI investments despite ...
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SoftBank in talks for $5B loan backed by Arm Stake to fund AI push
SoftBank Group Corp. is in advanced talks to secure a $5 billion loan from international banks, signaling the Japanese investment giant’s efforts to ease financial constraints around its nearly $100 ...
SoftBank Group Corp's Vision Fund is targeting external funding for a blank-check company it plans to launch, a person familiar with the matter said, in a return to marketing its investing chops after ...
Softbank's Vision Fund is set to reduce its workforce by 20% as it pivots towards artificial intelligence investments. This ...
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SoftBank Nearing $5B Term Loan Backed By Arm Shares To Fund Investment In OpenAI: Report
SoftBank Group Corp. (SFTBY), the Japanese investment holding company led by Masayoshi Son, is reportedly offering shares of its Arm Holdings Plc. (ARM) subsidiary as collateral to finance an ...
SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended in March, the first time the flagship tech investment arm has been in the black since 2021.
SoftBank Group will lay off nearly 20% of its Vision Fund team globally as it shifts resources to founder Masayoshi Son’s large-scale artificial intelligence bets in the United States, according to a ...
SoftBank's Q3 net sales rose 5.2% to $10.96 billion, while Arm's revenue jumped 22.9% to $0.98 billion SoftBank posted a $2.44 billion net loss, Vision Fund investments reported a $2.33 billion loss ...
Japanese giant SoftBank logged a steep quarterly increase in gains at its Vision Fund tech arm in the second fiscal quarter ended Sept. 30, after swinging back to black in the three months to June.
Swedish-Swiss multinational ABB has announced it is selling its robotics division to SoftBank for $5.375bn.
As a telecom and technology investment company, SoftBank represents a unique investment opportunity. The current portfolio is a mix of internet and technology investments with a stake in a ...
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