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.
The Stargate project, designed to accelerate AI infrastructure development, plans a total deployment of $500 billion over four years, with an initial $100 billion deployment. This initiative will ...
The AI sector requires massive investments and extensive resources, including advanced models, high-performance AI chips to ...
Japanese technology giant SoftBank Group and artificial intelligence pioneer OpenAI announced the formation of a new joint ...
Japanese technology giant SoftBank Group and artificial intelligence pioneer OpenAI announced the formation of a new joint ...
NET PROFIT FORECAST: SoftBank Group is expected to post a 66% drop in net profit to 322.2 billion yen, equivalent to $2.13 billion, for the three months ended December, according to a poll of analysts ...
The three-year senior secured term loan facility, first announced in June 2024, now stands at a total of US$80 million.
GlobalFoundries stock gained after Needham analyst Quinn Bolton upgraded the stock from Hold to Buy and a price target of $50 ...
The man behind SoftBank has now teamed up with OpenAI to invest up to $500 billion in American AI infrastructure over the next four years.
SoftBank is preparing to invest $40 billion in OpenAI, valuing the artificial intelligence company at $260 billion, according to sources. This significant investment is part of a broader collaboration ...