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The Latest Breaking News from SoftBank

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

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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

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.

Benzinga

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.

The Economic Times

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.

Benzinga

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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.

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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.

Fortune

A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London's disruptor extraordinaire

Investors are betting big on Revolut. Valued at $75bn in its latest fundraising round, the fintech is targeting a $200bn-plus IPO with backing from Nvidia and SoftBank

The Economic Times

SoftBank completes second $10 billion tranche of its $30 billion OpenAI investment

SoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a bridge loan, underscores OpenAI's importance to SoftBank's portfolio, contributing to a substantial profit increase. However, the news comes as the New York Times reported delays in OpenAI's IPO, impacting…

Bangkok Post

Saha Group taps global AI partners for digital push

E-commerce Digital Thai Holding Plc (EDTH), the digital investment arm of Saha Group, has forged an artificial intelligence (AI) alliance with TrueBusiness, EGG Digital and Japan's SoftBank Corp to accelerate the adoption of AI, big data and digital technologies across one of Thailand's largest industrial conglomerates.

The Economic Times

Japan's Nikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay report

Japan's Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which plunged over 12% following reports of a potential delay in OpenAI's IPO. This downturn erased previous gains, impacting other AI-related stocks. Despite the volatility, strategists anticipate a…

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