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 Group Posts Quarterly Loss on Weak Tech Funds Business
The increased borrowing capacity of $5.0 billion was untouched as of December.SoftBank’s earnings are susceptible to fluctuations in technology stocks. The recent emergence of Chinese AI startup DeepSeek raised concerns about demand for advanced chips and data centers,
Japan’s SoftBank swings to a loss ahead of big AI infrastructure bet on Stargate Project
The company posted a US$2.4 billion loss in the December quarter, as founder Masayoshi Son campaigns to raise US$500 billion for Stargate.
SoftBank books surprise loss of US$2.4 billion in third quarter
TOKYO: Japanese technology investor SoftBank Group booked a surprising net loss of ¥369.2 billion (US$2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
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.
SoftBank reports surprise loss, bets bit on Stargate
CNBC's Deirdre Bosa joins 'Squawk on the Street' with details about SoftBank.
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 ...
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 ...
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 ...
news.crunchbase1h
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 ...
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 ...
Bisnow1d
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 ...
Your Story6h
SoftBank to scale back on $500B Stargate expansion if financing deteriorates: CFO Yoshimitsu Goto
SoftBank's broader goal is to “accelerate the AI revolution” by building robust infrastructure. The Stargate Project, set to ...
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 ...