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SoftBank Swings to a Loss Ahead of Big AI Bet With OpenAI
SoftBank Group Corp. tumbled to a loss in the December quarter, weighed down by a drop in the value of the Vision Fund’s public holdings, just as Masayoshi Son campaigns to raise $500 billion for the Stargate artificial-intelligence project.
SoftBank books surprise loss of $2.4 billion in third quarter
By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
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 once-heralded Vision Fund unit. The Vision Fund unit, famed for its investment in startups including Uber and DoorDash,
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 ...
9d
Why SoftBank’s massive investment in OpenAI is exciting for ChatGPT
SoftBank will invest multiple billions of dollars in OpenAI's ChatGPT tech, which is great news for AI hardware development ...
6d
Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say
Part of the funding is expected to be used for Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by ...
10d
on MSN
SoftBank and OpenAI set up joint company to push artificial intelligence services
Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up ...
10d
SoftBank, OpenAI unveil Japan AI joint venture
SoftBank Group CEO Masayoshi Son on Monday said he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan ...
2d
on MSN
Elon Musk is 'throwing sand in the gears' of SoftBank's investment in OpenAI, says Niki Christoff
Niki Christoff, Christoff & Co. CEO, joins 'Squawk Box' to discuss Elon Musk-led group's $97.4 billion bid for OpenAI, ...
devdiscourse
32m
Elon Musk's Legal Battle Over OpenAI's For-Profit Shift
Elon Musk is challenging OpenAI's potential transition to a for-profit model by leading a consortium bidding $97.4 billion ...
6d
OpenAI partners with Korea’s Kakao after inking SoftBank Japanese JV
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI's American backyard, OpenAI is expanding in Asia, ...
New York Post
13d
OpenAI in talks to raise up to $40B that would value ChatGPT owner at $340B: report
OpenAI
is in early talks to raise up to $40 billion in a massive funding round led by
SoftBank
that would value the artificial intelligence firm at $340 billion, according to a report. The funding ...
13d
on MSN
OpenAI could be worth as much as TikTok owner Bytedance with SoftBank's latest investment
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...
9d
OpenAI clinches deal with Kakao, talks with SoftBank and Samsung about Stargate
OpenAI said on Tuesday it will develop artificial intelligence products for South Korea with chat app operator Kakao , ...
Finbold | Finance in Bold
2d
OpenAI would be a global top 40 company if it went public
SoftBank's latest prepared $40 billion investment pushed OpenAI's valuation to $260 billion meaning it would be among the ...
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