The Japanese tech group is dumping shares to help pay for its artificial intelligence plans, according to a report.
Japan's SoftBank has raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters.
Japan's SoftBank Group Corp is looking to raise nearly $4.9 billion in an unregistered overnight block sale of T-Mobile shares, Bloomberg News reported on Monday.
Credit Suisse's $440 million London lawsuit against Japan's SoftBank Group Corp kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm's founder Lex Greensill
Irish fintech Nomupay said on Tuesday it had received a $40 million investment from an unit of SoftBank Corp at a valuation of $290 million to help it expand in Asian countries such as Japan.
CNBC's Kristina Partsinevelos joins 'Squawk on the Street' to discuss the latest details on OpenAI's new venture in the Middle East.
OpenAI, Oracle, Nvidia and Cisco are providing support for the sweeping artificial intelligence campus in the United Arab Emirates called Stargate UAE. The Stargate UAE project was announced last week
SoftBank's fiscal year 2024 earnings were positive for the first time in four years. Concerns arise over SoftBank's $40 billion investment in OpenAI, valuing the startup at ~$300 billion, and the high
SoftBank Group Corp. (OTCPK:SFTBY) Q4 2025 Results Conference Call May 13, 2025 3:30 AM ET Company Participants Yoshimitsu Goto - Board Director & Chief Financial Officer Navneet Govil - Chief Financi
Masayoshi Son is making a huge bet on AI. He'll feel confident doing so after his company, SoftBank, reported its first profit in four years.
SoftBank's finance chief Yoshimitsu Goto said during an earnings press conference on Tuesday that "nothing has really changed" with OpenAI and its restructure plan.
SoftBank Group shares rose as much as 3.7% in Tokyo on Tuesday after the tech investment giant reported a net profit of $3.49 billion for the three months to March, significantly outperforming analyst
The Japanese company has been making bigger investments as tech stocks have risen thanks to enthusiasm over artificial intelligence.
Softbank's Vision Fund business posted a loss in the fiscal year ended March as it posted slowing gains at its massive tech investment arm.
Japanese investment conglomerate SoftBank Group booked a net profit of 517 billion yen ($3.49 billion) for January-March as its telecommunications holdings performed well.
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