SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
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EU Sets Out $200 Billion AI Spending Plan in Bid to Catch Up With U.S., China
OpenAI, SoftBank Group, Oracle and MGX are the initial equity funders in ... initially and plan to invest up to $500 billion ...
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SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report
Masayoshi Son-led SoftBank Group is in talks to lead a funding round of up to $40 billion in ChatGPT maker OpenAI at a valuation of $300 billion, according to a Reuters report. News of the funding ...
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SoftBank, OpenAI tie up to develop AI for Japan as DeepSeek rises
SoftBank Group and OpenAI will create a joint venture to develop and sell artificial intelligence (AI) services to businesses across Japan, establishing one of the broadest efforts yet to sell the ...