SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.
OpenAI's undefined revenue streams fumbled a $30 billion investment but later saw a $500 billion kickback with "a clear focus of converting to a for-profit entity"
SoftBank Vision Funds CFO revealed the institution had the opportunity to invest $30 billion in OpenAI in 2023 but didn't ...
SoftBank expected to book $1.87 bln profit on IPOs
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on ...
The Straits Times3d
Tech investment giant SoftBank swings to $10.3 billion profit
She estimates SoftBank’s stake in Swiggy to be valued at around US$803 million based on the IPO price, representing a 78 ...
SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.
The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure supplies.
cryptopolitan3d
SoftBank revives portfolio with AI strategy
Japanese multinational investment firm SoftBank reported a revenue of ¥1.18 trillion ($7.7 billion) in the previous quarter, ...