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. Stream Los Angeles News for free, 24/7, wherever ...

・SoftBank stated that its SVFs generated an investment gain of 3.42 trillion yen ($22.17 billion), with approximately 40% of that coming from SoftBank Vision Fund 1 (SVF1) and 56% from SVF2. ・Its ...

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 ...

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 ...

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 ...

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

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's PayPay eyes $13.4B US IPO on Nasdaq, aiming to raise $1B. Set to expand fintech services with strong user growth.

PayPay Corp. and an arm of SoftBank Group Corp. are seeking to raise as much as $1.1 billion in the digital payments firm’s US IPO, in what would be the biggest-ever listing for a Japanese company on ...

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 ...

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 ...