The Latest Breaking News from SoftBank

Japan Ramps Up Tech Ambitions With $65 Bn For AI, Chips

Japan is readying a $65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a global tech leader and meeting the urgent challenges of its ageing, shrinking population.

International Business Times · Nov 20, 2024

Graphcore is hiring again after its SoftBank acquisition — but what do the roles tell us about its future focus?

Chipmaker is hiring aggressively for roles spanning multiple divisions.

TechRadar · Nov 18, 2024

OpenAI's undefined revenue streams fumbled a $30 billion investment but later saw a $500 billion kickback with "a clear focus of converting to a for-profit entity"

SoftBank Vision Funds CFO revealed the institution had the opportunity to invest $30 billion in OpenAI in 2023 but didn't because it lacked clear revenue streams. It recently invested $500 billion in the ChatGPT maker's $6.6 billion round of funding.

Windows Central · Nov 15, 2024

Japan's SoftBank returns to profit after gains at Vision Fund and other investments

Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments

The Independent UK · Nov 12, 2024

Valued at $3.43 Trillion, Is Nvidia Stock Really Undervalued?

SoftBank CEO Masayoshi Son has boldly claimed that Nvidia, already worth $3.4 trillion, is undervalued, citing the company's position at the heart of the artificial intelligence revolution.

Barchart · Nov 5, 2024

Nvidia: undervalued in a golden era of robots?

Masayoshi Son of SoftBank is about to open a robot factory with the Saudis.

Fortune · Oct 30, 2024

AI-generated cyber threats have C-suite leaders on edge

The nature and scope of fraud is getting more complex.

Fortune · Oct 24, 2024

The top AI threats keeping cybersecurity leaders up at night

AI-generated cybersecurity threats are growing 'like a tidal wave.'

Fortune · Oct 23, 2024

Mike Ashley’s Frasers Group takes £10m stake in online retailer THG

Move is part of THG raising £95.4m to fund demerger of lossmaking technology arm Ingenuity

The Guardian - UK · Oct 11, 2024

OpenAI Secures $6.6 Billlion In New Funding At $157 Billion Valuation

OpenAI did not name the investors, but reports said that the funding round was led by New York-based venture capital firm Thrive Capital, including the company's biggest backer Microsoft and new participants, chipmaker Nvidia and SoftBank, among others.

Latin Times · Oct 3, 2024