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SoftBank books surprise loss of $2.4 billion in 3rd quarter

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.

Bloomberg on MSN · 23h

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.

Hosted on MSN · 1d

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.

Google, SoftBank Back Quantum Startup QuEra

Bloomberg on MSN · 1d

Google, SoftBank Back Quantum Startup QuEra in $230 Million Deal

Startup investors including Alphabet Inc.’s Google and SoftBank Group Corp. are betting that quantum computing, often thought of as a fantastical science experiment, is getting closer to having sweeping real-world applications.

Observer · 1d

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, designed to overcome the computational errors that have long hindered real-world quantum applications.

TechCrunch · 1d

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

19h

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 ...

19h

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 ...

22hon MSN

Japan’s 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, or $2.4 billion, loss for the fiscal third ...

Crunchbase News13h

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 ...

1don 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 ...

Bisnow2d

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 ...

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 ...

9don MSN

SoftBank joins with OpenAI in yearly $3B venture to expand AI in Japan

SoftBank inked a $3 billion deal with OpenAI in a joint venture to market OpenAI tech in Japan with its newly-minuted ...

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 ...

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SoftBank books surprise loss of $2.4 billion in 3rd quarter

Google, SoftBank Back Quantum Startup QuEra

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