SoftBank's second-quarter net profit more than doubled to ¥2.5 trillion, or $16.6 billion. This was well above the ¥207 billion consensus and driven by a ¥3.5 trillion Vision Fund gain, including
The Japanese technology investment company has been leading an investment of up to $40 billion in OpenAI, with plans to syndicate out $10 billion to co-investors.
The Japanese conglomerate said Tuesday it sold 32.1 million shares of Nvidia in October.
SoftBank's stock has slumped in the past week as concerns of an artificial intelligence bubble sent jitters through global markets.
Japan's SoftBank Group recorded a net profit of 2.5 trillion yen ($16.6 billion) for the July-September quarter, it said on Tuesday.
Technology investor SoftBank Group reports second quarter earnings results on Tuesday in the midst of feverish investment in artificial intelligence that has sent its share price soaring.
SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it's a straightforward international ex
Shares of Japan's SoftBank Group plunged on Friday. This follows a broader slump in AI-related stocks as investors once again grew wary of the sector's lofty valuations.
Marvell Technology Group Ltd. (NASDAQ:MRVL) shares gained nearly 4% in early trading on Thursday after reports that Japan's SoftBank Group explored a potential takeover of the chipmaker several
Metropolis Technologies, a U.S. operator of parking lots that uses artificial intelligence and computer vision to recognize vehicles, has raised $1.6 billion in fresh capital to extend its technology
Japan's SoftBank Corp President Jun Miyakawa said on Wednesday that the U.S. government shutdown has halted regulatory review of its payments app operator PayPay's planned listing in the U.S.
Shares of Japan's SoftBank Group plummeted more than 14% on Wednesday, erasing approximately $32 billion in market value in a brutal session that saw a broad sell-off across Asia's artificial intellig
Press ReleaseNokia extends SoftBank Corp. partnership with network modernization deal in Japan Nokia selected to modernize and expand SoftBank's 4G and 5G networks in Japan Deal includes Nokia's lates
Shares of SoftBank fell 10%, while Advantest declined over 8%. A woman uses her mobile phone as she walks past the logo of Japan's telecommunications giant SoftBank in Tokyo on December 25, 2013.
CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to report on OpenAI's newly finalized restructuring. Microsoft now holds a 27% stake worth $135 billion, while OpenAI commits $250 billion in fut
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