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SoftBank posts surprise loss of $2.4 billion
SoftBank Posts Quarterly Loss, Gears Up for Giant AI Project
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it geared up for the Stargate project.
SoftBank Group posts $2.4B loss in Q3 amid AI investment plans
Continuing its AI ventures, Japanese tech giant SoftBank Group saw a loss of 369.2 billion yen ($2.4 billion) last October-December, according to the figures released by the company on Wednesday.
SoftBank posts surprise loss in third quarter as Vision Fund investments go into red; revenue also misses estimates
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
SoftBank posts unexpected $369 billion Q3 loss as Vision Fund stumbles
SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.
SoftBank falls to $2.4bn loss amid plans for huge AI investments
SoftBank tumbled to a $2.4bn loss in its fiscal third quarter as the Japanese conglomerate and its founder Masayoshi Son gear up to finance one of the world’s largest-ever bets on artificial intelligence.
SoftBank books surprise loss of $2.4 billion in third quarter
By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
3h
on MSN
Japan’s SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...
1h
SoftBank Group posts first Apr.-Dec. profit in 3 years
Japanese tech giant SoftBank Group has posted a profit for the April-to-December period for the first time in three years. It comes as the company looks to fund greater investment in the AI sector.
TelecomTV
21h
Japan’s SoftBank provides AI strategy update
SoftBank has reported much improved financials for the first three quarters of its current financial yearThe Japanese telco ...
1d
on MSN
Japan's Softbank Group seen booking $1.5 billion quarterly profit
Japan's SoftBank Group is set to make a quarterly net profit of 234 billion yen ($1.54 billion) on Wednesday as shares in its ...
Prestige Online
1d
SoftBank and OpenAI Are teaming up for new AI partnership in Japan
Japanese technology giant SoftBank Group and artificial intelligence pioneer OpenAI announced the formation of a new joint ...
5d
OpenAI partners with Korea’s Kakao after inking SoftBank Japanese JV
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI's American backyard, OpenAI is expanding in Asia, ...
9d
on MSN
SoftBank and OpenAI set up joint company to push artificial intelligence services
Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up ...
57m
Swiggy’s IPO hands SoftBank a Rs 5,500 crore gain in Q3, Ola Electric weighs on performance
Ola Electric’s stock, which debuted at Rs 76, was one of SoftBank’s standout investments last quarter. However, it has since ...
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