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CNBC's Deirdre Bosa joins 'Power lunch' to discuss Softbank's generative AI push.

SoftBank Is Betting Big on Nvidia (NVDA) Stock

01:54pm, Tuesday, 23'rd Apr 2024
One of Japan's financial sector leaders is jumping head-first into the artificial intelligence (AI) race. SoftBank Group (OTCMKTS: SFTBY ) wants to develop its own generative AI (genAI) model specific
SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.
Japan's SoftBank is reportedly weighing an investment in French artificial intelligence (AI) startup Mistral AI. The tech giant has shown interest in backing Mistral the next time it does fundraisi
Ben Harburg, Managing Partner at MSA Capital, discusses Arm's post-IPO lockup period expiration.

Another domino falls in banking crisis

04:17am, Friday, 08'th Mar 2024
Following the significant losses experienced by New York Community Bank (NYSE: NYCB) stock last week, which resulted in a substantial decrease in its value, it appears that another bank could be facin

Japan's SoftBank cuts stake in India's Paytm

01:48am, Thursday, 29'th Feb 2024
SoftBank Group Corp has sold a stake of 2.17% in beleaguered Indian payments firm Paytm , an exchange filing showed on Thursday.
Saudi Arabian tech company Alat, owned by the country's Public Investment Fund, on Tuesday announced partnerships with four companies including Softbank Group and Carrier Corp , as it seeks to create
Richard Kaye, a portfolio manager at Comgest, says Arm's share price, which has "moved dramatically" since its listing, has "started to understand that."

SoftBank's $118 Billion Arm Problem

05:00am, Monday, 19'th Feb 2024
The Japanese firm may have limited time to solve the challenge presented by its stake in the thriving British chip designer.
SoftBank Group Chief Executive Officer Masayoshi Son is looking to raise up to $100 billion for a chip venture that will rival Nvidia Corp , Bloomberg News reported on Friday, citing people with knowl
The huge run-up in Arm shares has been a windfall for SoftBank Group, the Japanese technology holding company, which had owned all of Arm before last year's stock offering.
For years, SoftBank Group splashed out billions on startups at near-peak valuations without batting an eye. Now founder Masayoshi Son's tech powerhouse is relying on a new weapon as it searches for th
Oliver Matthew of CLSA discusses the surge in chip designer Arm's shares and the positive impact that its initial public offering success has had on SoftBank.
Shares of SoftBank Group rose as much as 15.29% on Friday morning after the Japanese investment firm posted earnings that beat analysts' expectations.
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