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SoftBank's share price surged on news of the Stargate project but has fallen more than 12% since the Deepseek-induced selloff began. Its shares were down around 1% in morning trading on Thursday.
(Reuters) -SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a valuation of $300 billion, including the new funds, sources said ...
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments. The report ...
SoftBank Group CEO Masayoshi Son on Monday said he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate customers. The ...
SoftBank is in talks to invest up to $25 billion in OpenAI, which could value it around $300 billion. The deal could make OpenAI the joint-second most valuable tech company after SpaceX.
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not ...
SoftBank Corporation, its spun-out affiliate and former flagship business, is the third-largest wireless carrier in Japan, with 45.621 million subscribers as of March 2021. [26] SoftBank was ranked in the 2024 Forbes Global 2000 list as the 461st largest public company in the world. [27]
From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21, 2025.