SoftBank Group Corp. reported an earnings per share of -1.62, missing the estimated 1.91, reflecting financial struggles due ...

1) The IPO and sell-down of the core Japanese telecom business. SoftBank sold around 36% of its shares of the core domestic telecom business in 2018 in an IPO, with the proceeds being used for ...

SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its ...

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 ...

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 ...

Japanese tech investor SoftBank (SFTBF) swung to a $2.4 billion loss in the quarter ended December as valuations at its Vision Fund fell, ...

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.

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 man behind SoftBank has now teamed up with OpenAI to invest up to $500 billion in American AI infrastructure over the next four years.

Samsung Electronics Chairman Lee Jae-yong, SoftBank Group Chairman Masayoshi Son, and OpenAI CEO Sam Altman gathered at the Samsung Electronics' Seocho office in Seoul on Feb. 4 to discuss ...

OpenAI is making big moves with its $100 billion Stargate project. Still, despite its massive price tag, the first data center planned for Abilene, Texas, is raising eyebrows about how few people it ...