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The Latest Breaking News from SoftBank

OpenAI Employees Just Cashed Out $7 Billion In Shares. The ChatGPT Maker Is Now Worth $852 Billion.

OpenAI has completed a roughly $7 billion secondary share sale, giving current and former employees a chance to cash out some of their holdings ahead of a possible IPO.

International Business Times

Amazon behind massive private gas plant for new data centers

Previously filed permits for the plant show it would have 35 turbines and generate 7.65 gigawatts -- larger than any gas plant currently operating in the United States. A bigger facility, at 9.2 gigawatts, is planned in Ohio under a public-private partnership involving SoftBank. That plant would connect to the…

The Economic Times

Bitcoin Stays Above $64,000 As A Huge SpaceX Stock Unlock Begins. Markets Watch The Development Closely

Bitcoin traded above $64,000 on Thursday after recovering from an early-week pullback, while investors turned their attention to a $101 billion SpaceX share unlock, declining AI-related stocks and upcoming earnings from SoftBank.

International Business Times

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Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1

SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDance investments offset weaker contributions from OpenAI. The company remains focused on expanding its AI portfolio, with major investments, new financing and long-term commitments reinforcing its artificial intelligence growth strategy, according…

The Economic Times

Japanese tech company SoftBank Group sees profit drop despite AI investments

Technology investor SoftBank Group has reported an 18% drop in fiscal first quarter profit, as higher costs offset its investment gains

The Independent UK

SoftBank-backed OfBusiness is said to explore reviving IPO

Beyond SoftBank, backers also include Tiger Global Management, Norwest Venture Partners, Matrix Partners, and Falcon Edge Capital, according to its website.

The Economic Times

Elevation Capital, Peak XV Partners sell 2.3% stake in Meesho for Rs 1,949 crore; stock falls

Following the stake sale, Meesho's shares fell nearly 1 per cent on Wednesday to trade at Rs 190.50 apiece on the National Stock Exchange (NSE).

The Economic Times

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Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questions

SoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments while its shares have declined. Analysts are watching SoftBank's strategy to meet future financial obligations. Its credit outlook has improved, but risks from Arm's valuation persist. Competition in AI could…

The Economic Times

SoftBank's AI funding plans to face reckoning at earnings

SoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, and the cost to insure its debt against default has soared. SoftBank is ‌expected to post net ⁠profit of ⁠148.4 billion yen ($941.2 million) over…

The Economic Times

Global Market: Japan stocks slide as stronger Yen hits exporters; Nikkei drops Over 2%

Japanese stocks tumbled as a sharp rally in the yen weighed on export-oriented companies, with the Nikkei falling over 2%. Auto and chip stocks led the declines, although SoftBank, Lasertec and Kioxia outperformed. Investors are now watching for further currency intervention and its impact on corporate earnings and market sentiment.

The Economic Times

OfBusiness FY26 revenue falls 7% after exit from low-return businesses

Revenue declined as OfBusiness exited low-return commerce categories and discontinued some operations, prioritising deeper manufacturing integration, wider margins and stronger cash generation ahead of its planned IPO filing next quarter.

The Economic Times

Nvidia Sparks Systemic Shock Panic as $750 Billion Deals Deepen Controversial AI Debt Web

Nvidia's $750BN-plus AI deals with SK Group, OpenAI and Naver deepen a risky web of vendor financing and debt, fuelling systemic shock fears even as Jensen Huang brushes off 'circular' claims.

International Business Times UK

Nvidia Funds AI Frenzy: Timeline of its Circular Financing Deals ... So Far

NVIDIA Corp. (NASDAQ:NVDA) is reportedly in talks to guarantee roughly $250 billion in financing for OpenAI‘s new 10-gigawatt Ohio data center, a project developed by SoftBank’s energy subsidiary, SB Energy, according to The Wall Street Journal.

Benzinga

Nvidia weighs $250 billion guarantee so OpenAI can lease SoftBank's 10-gigawatt Ohio campus, report claims — Nvidia also said to be discussing $350 billion deal to finance chips for the site

OpenAI is in advanced talks to lease SB Energy's 10 GW data center campus in Piketon, Ohio, with Nvidia in discussions to guarantee roughly $250 billion of the financing behind it.

Tom’s Hardware

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Benzinga

Nvidia Reportedly Moves to Backstop $250 Billion in OpenAI Data Center Financing, Michael Burry Says, 'Around and Around We Go'

Over the weekend, ‘Big Short’ investor Michael Burry and tech commentator Ed Zitron voiced concerns after a report said Nvidia Corp (NASDAQ:NVDA) is considering backing billions of dollars in financing to support OpenAI’s massive AI infrastructure expansion.

The Economic Times

Robot AI company Noetra is 'last chance' for Japan, CEO says

Japan's Noetra company is developing foundational AI and robotics technology. This government-backed venture aims for greater domestic technological self-sufficiency. Noetra will provide Japanese firms access to a reliable and safe foundational model. The company is procuring significant Nvidia Rubin chips for its infrastructure. Operations are planned to begin in June…

The Economic Times

InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPO

The SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported last year, which would place it in the mid-range of Indian publicly traded tech firms.

Benzinga

SoftBank Tumbles 11% as Global AI Sell-Off Triggers 'Another Wipeout' for Tech Momentum Winners

Shares of tech conglomerate SoftBank Group Corp. (OTC:SFTBY) plummeted over 11% in Tokyo on Friday as a sweeping global rout in artificial intelligence and semiconductor stocks triggered a massive downturn for market frontrunners.

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Benzinga

Hyundai Buys Out SoftBank Stake to Take Full Control of Boston Dynamics as Atlas Humanoid Robot Manufacturing Rollout Moves Closer

Hyundai Motor Co. Ltd. (OTC:HYMLF) will acquire SoftBank Group Corp.‘s (OTC:SFTBF) (OTC:SFTBY) remaining roughly 10% stake in Boston Dynamics, making the U.S. robotics company wholly owned as Hyundai prepares to deploy Atlas humanoids in automotive production.

The Independent UK

SoftBank Group's CEO says $5 trillion a year needed globally to meet AI demand

Japanese tech giant SoftBank Group’s CEO Masayoshi Son has ridiculed people who worry about a bubble in artificial intelligence investments

The Economic Times

Temasek offloads 2% stake in Lenskart for Rs 1,945 crore

The sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July 10, Lenskart's stock closed at Rs 543.65 on the National Stock Exchange.

The Economic Times

SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk

"The business model will be viable because by 2040, if AI revenue makes up 20% of global GDP, spending 800 trillion yen a year is a rounding error," Son said.

The Economic Times

SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund finances

SoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBank as its focus shifts alongside founder Masayoshi Son’s quest for technologies underpinning AI services. Agne joined SoftBank in 2019 after 17 years at Goldman Sachs, where he…

The Economic Times

SoftBank, fintech firm PayPay in talks to invest in retail giant Seven & i: Report

The investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also take a ‌stake, Bloomberg ⁠said.

The Economic Times

CCI clears UpGrad-Unacademy merger, paving way for major edtech consolidation

The Competition Commission of India’s (CCI) approval comes two months after the higher education and upskilling company and the SoftBank- and Peak XV Partners-backed test-prep startup sought antitrust clearance for the deal.

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