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SoftBank posts surprise loss of $2.4 billion

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 quarter, as it racked up red ink from its Vision Fund investments.

Anadolu Ajansi · 3h

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.

NBC Washington · 5h

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.

The Financial Times · 5h

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.

Reuters on MSN · 5h

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.

51mon MSN

SoftBank's Son back to form with big bets and quarterly loss

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of ...

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 ...

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.

1don 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 ...

TelecomTV21h

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 ...

cnbctv182h

SoftBank expands AI push amid Vision Fund woes, OpenAI partnership

SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...

SoftBank, OpenAI unveil Japan AI joint venture

SoftBank Group CEO Masayoshi Son on Monday said he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan ...

Prestige Online1d

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 ...

9don 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 ...

9hon MSN

Exclusive-Japan's Eneos aims to raise at least $2.6 billion in metals unit's IPO, sources say

Japan's largest oil refiner, Eneos Holdings, aims to raise at least 400 billion yen ($2.61 billion) by listing its wholly ...

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