Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from SoftBank

Softbank CEO dismisses Elon Musk’s extraterrestrial data center idea in favor of maximizing Earth-side construction now: ‘He who strikes first wins’

Son’s Softbank committed $19 billion last year to the Stargate project that aims to build AI infrastructure in the U.S.

Fortune

Delhivery investors cash out as stock nears IPO price

In an exchange filing on Thursday, SoftBank disclosed that it sold around 14.6 million shares, or about a 2% stake, between September 2024 and June 2026, reducing its holding to 7.6% as of June 22. Based on its disclosures, the Japanese investment firm sold roughly Rs 180-200 crore worth of…

The Economic Times

Congress Moves To Make Tech Companies Pay For AI Data Centers' Strain On Power Grid

Lawmakers are pushing utilities to shift the cost of grid upgrades to data center operators instead of households and small businesses.

International Business Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Talk of a bubble is an 'insult to AI' says SoftBank's Son

Masayoshi Son, SoftBank's CEO, dismissed concerns about an AI bubble, calling it an "insult to AI" and emphasising its nascent stage with vast potential. He reiterated SoftBank's role as an "egg-laying factory" and expressed frustration over the company's market valuation compared to its asset value. Son, 68, plans to lead…

The Economic Times

SoftBank launches cybersecurity product based on OpenAI models

The "Patching as a Service" product will be rolled out in Japan through a joint ‌venture established ⁠last ⁠November between SoftBank's domestic telecoms arm, SoftBank Corp, and OpenAI.

The Economic Times

Japan's tech business SoftBank rolls out OpenAI 'patches' against cyberattacks

Japanese technology giant SoftBank Group Corp. is launching a service using OpenAI technology to protect against the looming threat of cyberattacks

The Independent UK

SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stage

Navneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, known for its high-stakes bets on startups like WeWork, undergoes restructuring and shifts its focus towards AI. SoftBank will soon announce transition plans for his responsibilities.

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end

Top global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shift, with IPOs now seen as the start of a longer monetisation cycle, allowing for staggered exits and continued upside for early backers.

The Economic Times

From Sundar Pichai to Vinod Khosla: Meet the 26 Indian-origin leaders in America's most successful immigrants list

The story of immigration in America has long been intertwined with innovation, entrepreneurship and economic growth. In its latest ranking of America's most successful immigrants, Forbes highlighted 250 individuals whose contributions have shaped industries ranging from technology and healthcare to finance, academia and entertainment. Among them are 26 India-born and…

The Times of India

Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely seller

Eyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through its investment vehicle, sold a portion of its shares. This follows a similar stake sale by SoftBank. Despite early investors reducing holdings, Lenskart's revenue surged in the January-March quarter. The company…

The Economic Times

ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal

Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank's recent Rs 2,873 crore share sale. Despite the sale, ADIA will retain significant holdings, indicating substantial paper gains on its 2023 investment. The move comes…

The Economic Times

ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exit

Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 crore. This follows a significant stake sale by SoftBank, with the deal structured as a block deal at a slight discount to the current market price.

The Economic Times

Oracle Earnings Could Reveal a Massive $100 Billion Spending Surge. Here Is Why You Should Still Buy ORCL Stock.

BNP Paribas expects Oracle to increase its capital spending in the June 10 earnings report.

Barchart

The Gulf states are betting big on AI: who’s investing where?

Gulf states are now frontrunners in the AI race but competition will only intensify.

Fortune

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Lenskart shares in focus after Viridian completes stake transfer from Copthall Mauritius

Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This follows a recent Rs 2,873 crore block deal where SoftBank affiliate SVF II Lightbulb (Cayman) reduced its holding.

The Economic Times

Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi Son

Gautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The surge helped him overtake Mukesh Ambani and SoftBank’s Masayoshi Son, with key Adani stocks gaining strongly and extending their sharp 2026 rally.

International Business Times

SoftBank CEO Says OpenAI's Newest Model Is a Sign That AI Is Reaching 'Super Intelligence'

SoftBank CEO Masayoshi Son said OpenAI's newest model is showing signs of "super intelligence."

The Economic Times

How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?

Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 trillion in combined market influence is being restructured through technology bets. These high-volume SEO trends highlight AI investment boom, crypto treasury models, and tech mogul comeback stories redefining global markets today. Investors…

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Kuku FM readies public market debut; SoftBank books Lenskart gains

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.

The Economic Times

SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x return

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s…

The Economic Times

Lenskart shares fall 2% on Softbank's Rs 2,873-crore stake sale; draws Goldman, Fidelity, others

Lenskart Solutions share price dipped 2% on Thursday as SoftBank affiliate SVF II Lightbulb (Cayman) sold a significant stake. Global and domestic institutional investors, including funds managed by Goldman Sachs and Fidelity, acquired these shares. This transaction, valued at approximately Rs 2,873 crore, saw strong participation.

The Economic Times

Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata Motors

Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced its stake in Lenskart. Sebi issued an interim order against Rajesh Exports. Tata Motors revised its Avinya EV strategy. Suzlon Energy is diversifying into battery storage. RIL's subsidiary signed MoUs…

The Economic Times

SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investors

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction drew strong institutional interest, while analysts remain positive on Lenskart's growth prospects, technology-led model and expanding international footprint.

Fortune

Intel's new CEO cut management layers in half. The stock is up nearly 500%

When Lip-Bu Tan took over, Intel was drowning in debt and losing the AI game. In just 13 months, the new CEO has attracted capital infusions from Nvidia and SoftBank, and is closing in on a next-generation chip process.

The Economic Times

SoftBank overtakes Toyota as Japan's most valuable company on AI boom

SoftBank Group has become Japan's most valuable company, surpassing Toyota Motor. This shift highlights investor excitement for artificial intelligence. SoftBank's shares surged, while Toyota's stock declined. The move signals a preference for AI-linked businesses. Japan's memory chip maker Kioxia Holdings also benefits from AI demand.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.