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SoftBank Posts Quarterly Loss
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it geared up for the Stargate project.
SoftBank's Son back to form with big bets and quarterly loss
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.
SoftBank Swings to a Loss Ahead of Big Stargate AI Bet
SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings, boding ill for founder Masayoshi Son who has to raise $500 billion for the Stargate artificial-intelligence project.
Google, SoftBank Back Quantum Startup QuEra
Google, SoftBank back Boston-based quantum startup QuEra in $230 million deal
Google and SoftBank’s Vision Fund are new investors in QuEra Computing Inc., participating in a $230 million funding round for the Boston-based startup, which aims to make quantum computing more practical.
Google-backed Boston quantum startup QuEra raises $230M debt round
Quantum computing, long relegated to the realm of the theoretical, feels like it is back on the agenda as a potentially viable alternative to the
Google, SoftBank Pour $230M into Quantum Computer Startup QuEra
QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google (GOOGL) and SoftBank (SFTBF) ’s Vision Fund 2 to develop “fault-tolerant” quantum computers,
18h
SoftBank brings vision and volatility to big tech bets
SoftBank’s founder Masayoshi Son is known for chasing the next big thing. Some of his big bets on tech companies, such as ...
18h
SoftBank Opens Up on the $500 Billion Stargate AI Project—But Details Remain Sparse
Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...
14h
on MSN
SoftBank reveals $2.4 billion loss in Q3
The report came just weeks after SoftBank chief Son appeared with President Trump and Sam Altman to announce the Stargate AI ...
6h
SoftBank returns to black in April-Dec., invests more in OpenAI
SoftBank Group Corp. said Wednesday it swung back to profitability with a net profit of 636.15 billion yen ($4.1 billion) in ...
1d
on MSN
Goldman, SoftBank Back AI Startup Tines Valued at $1.13 Billion
Goldman Sachs Group Inc.’s growth equity unit led a $125 million funding round for software startup Tines Security Services ...
news.crunchbase
12h
SoftBank Vision Fund Hit With More Losses
SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its ...
7d
SoftBank reportedly getting close to acquiring chipmaker Ampere in $6.5B deal
SoftBank Group Corp. is reportedly getting close to acquiring chipmaker Ampere Computing LLC in a deal that would value the ...
Bisnow
2d
OpenAI Securing $40B In New SoftBank Funding, Scouting 16 States For Stargate Projects
SoftBank's latest investment of OpenAI values the company at $260B as its data center joint venture considers sites in 16 ...
3h
SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third ...
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OpenAI
Masayoshi Son
Vision Fund
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