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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.

Reuters on MSN · 7h

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.

CNBC on MSN · 12h

SoftBank posts surprise loss in third quarter, revenue also misses estimates

SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.

news.crunchbase48m

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 ...

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 ...

9don 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 ...

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 ...

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 ...

1don 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, ...

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 ...

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, ...

Business Insider12d

OpenAI could be worth as much as TikTok owner Bytedance with SoftBank's latest investment

SoftBank is preparing to lead fresh investment into OpenAI at a $300 billion valuation, Business Insider understands — a ...

UPI9d

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

Feb. 3 (UPI) --SoftBank inked a $3 billion deal with OpenAI in a joint venture to market OpenAI tech in Japan with its newly-minuted "Cristal Intelligence" suite of tools. "This initiative will ...

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 Bold1d

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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