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SoftBank reports $2.4 billion loss as it prepares for major AI investments
SoftBank just took a $2.4 billion hit in its fiscal third quarter, sinking into losses as the Japanese tech giant prepares to ...
The Financial Express1h
SoftBank Vision Funds lose $2.3 billion in investments in Q3
Japanese investor SoftBank Group Corp’s tech-focused Vision funds reported an investment loss of $2.3 billion (352.7 billion ...
Sam Altman applauds JD Vance’s AI speech in Paris, illustrates ways to take advantage of 'remarkable' tech
OpenAi Sam Altman applauded JD Vance's speech at the AI Action Summit in Paris, telling the audience the vice president said 'a lot of things' he really liked.
Apple launches first major health study in 5 years. Here's how you can opt in
The Apple Health Study is the first major health research project the company has announced since it unveiled the Apple Women ...
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project — 2nd Update
SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it ...
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 ...
SoftBank Group Posts Quarterly Loss on Weak Tech Funds Business — Update
For its third quarter, SoftBank Group booked a net loss of 369.165 billion yen, equivalent to $2.42 billion, compared with a net profit of Y950.00 billion in the year-earlier period. That missed the ...
techxplore6h
AI feud: How Musk and Altman's partnership turned toxic
The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla ...
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 ...
SoftBank posts unexpected $369 billion Q3 loss as Vision Fund stumbles
SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.
Elon Musk’s OpenAI bid creates a legal maze and investor uncertainty—which is probably just what he wants
OpenAI CEO Sam Altman gave an unequivocal answer at a conference in Paris today when asked whether his company was for sale following a surprise $97.4 billion bid by an Elon Musk-led investor group.