The Latest Breaking News from SoftBank

Intel CEO Touts Balance Sheet Progress, Foundry Gains and AI CPU Demand

Intel (NASDAQ:INTC) Chief Executive Officer Lip-Bu Tan said the company has made progress on strengthening its balance sheet, improving execution and rebuilding customer trust, while acknowledging that its foundry ambitions remain a long-term effort. Speaking with J.P. Morgan semiconductor analyst

MarketBeat · May 25

SoftBank Stock Spikes as OpenAI Prepares for Historic IPO

SoftBank shares surged over 30% in two days as OpenAI edges closer to a historic IPO. Here's what investors need to know before buying the stock.

Barchart · May 22

SoftBank Dumps Uber Stock, But Uber’s Growth Is Accelerating

Uber’s latest institutional selling headline looks dramatic, but the company’s Q1 results suggest the underlying business remains strong.

Barchart · May 21

SoftBank logs $600 million paper loss on India-listed portfolio in Jan-Mar

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has…

The Economic Times · May 13

SoftBank logs $600 million paper loss on India-listed portfolio in March quarter

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has…

The Economic Times · May 13

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off

The Independent UK · May 13

SoftBank profit more than triples to $12 billion on OpenAI stake gains

Technology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant increase from the previous year. This marks five consecutive quarters of profit, largely driven by its substantial investment in OpenAI, whose rising valuation contributed 3.

The Economic Times · May 13

SoftBank to manufacture its own batteries with water-based tech to power AI data centers — targets gigawatt-hour-scale production by 2028

The Japanese company is partnering with two South Korean startups, Cosmos Lab and DeltaX, to produce zinc-halogen batteries.

Tom’s Hardware · May 12

SoftBank's OpenAI-related debt in focus as another strong quarter expected

SoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However, concerns are mounting over the substantial debt SoftBank is accumulating to fund these commitments, leading to a negative credit outlook from S&P Global Ratings.

The Economic Times · May 12

SoftBank plans robotics and AI firm in the US to build data centers — aims for $100 billion valuation and an IPO this year

SoftBank is planning to launch an AI and robotics startup in the U.S. to build data centers. The firm is gunning for a $100 billion valuation and aims to list the startup this year.

Tom’s Hardware · May 1