'Not too concerned' about Softbank's surprise $2.4b loss: New Street Research
Rolf Bulk, equity research analyst at New Street Research says there is no clear catalyst for the discount between Softbank's asset value and share price narrowing, and that he needs more details about the returns on Softbank's upcoming projects in order to properly value the company.
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.
OpenAI Investor SoftBank (SFTBF) Tumbles to $2.4B Loss Before Stargate Launch
Japanese tech investor SoftBank (SFTBF) swung to a $2.4 billion loss in the quarter ended December as valuations at its Vision Fund fell,
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.
SoftBank reports surprise loss, bets bit on Stargate
CNBC's Deirdre Bosa joins 'Squawk on the Street' with details about SoftBank.
Japan’s SoftBank swings to a loss ahead of big AI infrastructure bet on Stargate Project
The company posted a US$2.4 billion loss in the December quarter, as founder Masayoshi Son campaigns to raise US$500 billion for Stargate.
SoftBank brings vision and volatility to big tech bets
SoftBank’s founder Masayoshi Son is known for chasing the next big thing. Some of his big bets on tech companies, such as ...
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 reveals $2.4 billion loss in Q3
The report came just weeks after SoftBank chief Son appeared with President Trump and Sam Altman to announce the Stargate AI ...
Goldman, SoftBank Back AI Startup Tines Valued at $1.13 Billion
Goldman Sachs Group Inc.’s growth equity unit led a $125 million funding round for software startup Tines Security Services ...
Bisnow2d
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 ...
Morning Bid: Tech pierces trade gloom, Softbank reports
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Google, SoftBank Back Quantum Startup QuEra in $230 Million Deal
Startup investors including Alphabet Inc.’s Google and SoftBank Group Corp. are betting that quantum computing, often thought ...
Observer1d
Google, SoftBank Pour $230M into Quantum Computer Startup QuEra
QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google (GOOGL) and ...
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 ...
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.