Softbank's Vision Fund business on Tuesday posted a loss in the fiscal year ended March as it booked slowing gains at its massive tech investment arm. SoftBank said it notched a gain on investment at ...

Masayoshi Son said SoftBank sold Nvidia only to bankroll new AI bets, including OpenAI and data centers. SoftBank has doubled down on its AI plans this year with a flurry of projects. Son rejected ...

Other companies connected to OpenAI have also fared poorly, with Oracle and CoreWeave also down more than two-fifths each since SoftBank’s late October peak. SoftBank though has a broad array of ...

SoftBank Group’s Vision Fund is looking to raise a $4 billion bridge loan facility to make investments more quickly, said a person familiar with the situation. Goldman Sachs Group Inc. and Mizuho ...

SoftBank Group Corp has announced that it will form a fund in partnership with the Public Investment Fund (PIF) of Saudi Arabia which aims to deploy at least $25 billion in the technology sector over ...

SoftBank is under intense pressure to assemble a massive war chest for OpenAI before the calendar flips, a test of both its balance sheet and its conviction that generative AI will define the next ...

With the ink barely dry on an agreement to inject US$30bn into OpenAI, SoftBank Group is already facing unexpected headwinds ...

Generative AI video editing startup OpusClip has just secured $20 million in a round led by SoftBank's Vision Fund 2. The San Francisco startup, launched in 2022, has developed a multimodal AI tool ...

SoftBank is reportedly pursuing a loan of up to $40 billion to support a large investment in OpenAI, the company behind ChatGPT. According to a Bloomberg News reporter who shared the update on X ...