SoftBank Group: News
Oracle sends force majeure notice for Stargate data center delays
Oracle has issued a force majeure notice to Blue Owl Capital, the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg reports.
SoftBank raises $11.1B via bonds to fund OpenAI investment
SoftBank Group has raised $11.1 billion through dollar and euro-denominated bonds. The move comes as part of its strategy to generate cash for further investments in artificial intelligence (AI).
SoftBank launches $11B bond sale to fund OpenAI investment
SoftBank Group has launched over $10 billion worth of bonds to fund its investment in OpenAI.
SoftBank raises $11.87B loan for OpenAI investment
SoftBank Group has secured an $11.87 billion loan to fund its investment in US-based artificial intelligence (AI) firm OpenAI. The amount is higher than the initial target of $10 billion.
SoftBank plunges 13% as AI chiefs urge slower development
SoftBank Group's shares plummeted over 13% in Tokyo on Monday, marking their biggest fall since late June.
ByteDance secures $30B loan amid AI spending push
ByteDance, the Chinese tech giant behind TikTok, has bagged a massive $29.6 billion loan. The move marks Asia's second-largest dollar-denominated borrowing this year.
OpenAI has warrants worth $5.5B from this SoftBank subsidiary
US tech giant OpenAI has been issued warrants worth an estimated $5.5 billion by SB Energy, a power infrastructure firm, the Wall Street Journal has reported.
SoftBank seeks another $10B loan to fund OpenAI investment
SoftBank Group Corp. is looking for a $10 billion loan to finance its investment in US tech giant OpenAI, according to Bloomberg.
SoftBank may acquire 1X, an OpenAI-backed robotics start-up
SoftBank is in negotiations to buy a majority stake in 1X Technologies, a humanoid robot start-up backed by OpenAI, according to The Information.
Why SoftBank is planning bond sale of up to $20B
SoftBank Group is in talks with investment banks over a possible bond sale of $10 billion to $20 billion.
SoftBank plans record $6.3B bond issue to fund AI investments
SoftBank Group, the Japanese technology investor, has announced its plan to issue ¥1 trillion ($6.29 billion) worth of seven-year corporate bonds.
SoftBank to sell 2.6% stake in Lenskart for $300M: Report
SoftBank Vision Fund II Lightbulb Cayman is planning to sell up to a 2.6% stake in Lenskart, people familiar with the matter told CNBC-TV18.
NVIDIA to invest $3B in this SoftBank Group subsidiary
NVIDIA is in talks to invest up to $3 billion in SB Energy, a SoftBank Group subsidiary.
NVIDIA to invest $3B in power infrastructure developer Lancium
NVIDIA will invest up to $3 billion in Lancium, a power infrastructure developer and the company behind the Stargate data centre campus in Texas.
SoftBank bags a $10B margin loan against OpenAI stake
SoftBank Group has secured a massive $10 billion margin loan, using its stake in US tech giant OpenAI as collateral.
AI revolution will cost $5T annually: SoftBank's Masayoshi Son
SoftBank Group's CEO Masayoshi Son has projected that the development of artificial intelligence (AI) will require an investment of $5 trillion annually by 2040.
SoftBank pursues $10B loan against OpenAI stake
SoftBank Group has resumed negotiations with a group of lenders for a $10 billion loan, secured by its stake in OpenAI, according to Reuters.
SoftBank has invested another $10B in OpenAI
SoftBank has invested another $10 billion in OpenAI, as part of a larger $30 billion commitment.
SoftBank shares slide 13% amid reports of OpenAI IPO delay
SoftBank Group Corp's shares fell by as much as 13% on Friday.
'Insult to AI': SoftBank founder Masayoshi Son dismisses bubble concerns
Masayoshi Son, the CEO and Founder of SoftBank Group, has dismissed concerns over an artificial intelligence (AI) bubble.
SoftBank's Vision Fund CFO Navneet Govil quits after 10-year stint
Navneet Govil, the Chief Financial Officer (CFO) of SoftBank Group's Vision Fund investing arm, is leaving the company after a decade-long stint.
SoftBank slides 11%, biggest drop in months
SoftBank Group Corp's shares have taken a major hit, falling over 11% on Thursday.
SoftBank becomes Japan's most valuable company, surpassing Toyota
SoftBank Group has dethroned Toyota to become Japan's most valuable company.
SoftBank to spend $87B on data centers in France
SoftBank Group has announced its plan to invest as much as €75 billion (nearly $87 billion) in expanding data center capacity in France.
Cars24 co-founder Mehul Agrawal steps down as IPO nears
Mehul Agrawal, the co-founder of Cars24, has stepped down from his operational role in the SoftBank-backed used-car marketplace.
SoftBank secures $40B bridge loan to back OpenAI investment
SoftBank Group has announced a $40 billion bridge loan to boost its investment in ChatGPT-maker OpenAI and for general corporate purposes.
SoftBank seeks record $40B loan to fund OpenAI
SoftBank, the Japanese tech conglomerate, is seeking a loan of up to $40 billion.
Anthropic hits $380B valuation after massive $30B funding round
Anthropic has raised a whopping $30 billion in its latest funding round, bringing the company's valuation to $380 billion.
SoftBank gains $7.4B from India investments, retains $13.7B portfolio
Japanese investment giant, SoftBank, has realized around $7.4 billion from its investments in India so far.
SoftBank posts $1.6B quarterly profit as OpenAI bet pays off
Japan's SoftBank Group has reported a net profit of 248.6 billion yen ($1.62 billion) for the October-December quarter, its fourth consecutive quarterly profit.
SoftBank, Intel partner to develop next-gen memory for AI
Saimemory, a subsidiary of SoftBank, has partnered with Intel to develop next-gen memory technology.
NVIDIA's plan to invest $100B in OpenAI stalls
NVIDIA's plan to invest up to $100 billion in OpenAI has hit a snag, according to The Wall Street Journal.
SoftBank might invest $30B more in OpenAI
SoftBank Group is reportedly considering a massive investment of up to $30 billion in OpenAI, the company behind ChatGPT.
OpenAI, SoftBank pour $1B into data center developer SB Energy
OpenAI and SoftBank Group have jointly invested $1 billion in SB Energy, a company focused on developing infrastructure for artificial intelligence (AI).
SoftBank sells 2.15% stake in Ola Electric amid market challenges
SoftBank has sold a 2.15% stake in Ola Electric Mobility Ltd through a series of open-market transactions.
SoftBank completes $40B investment in OpenAI
SoftBank Group has completed its massive $40 billion investment in OpenAI.
SoftBank's $22.5B OpenAI funding commitment: How will it be fulfilled?
SoftBank Group is racing to fulfill its $22.5 billion funding commitment to OpenAI by the end of 2025.
SoftBank in talks to acquire DigitalBridge for AI infrastructure push
SoftBank Group, the Japanese telecom and tech conglomerate led by Masayoshi Son, is considering an acquisition of DigitalBridge Group Inc, according to Bloomberg.
InMobi founders buy back $250M stake from SoftBank
InMobi's founders have acquired a 25-30% stake from Japanese investor SoftBank. The deal is expected to net SoftBank around $250 million.
SoftBank acquires US chipmaker Ampere Computing for $6.5B
SoftBank Group has completed the acquisition of US-based chip start-up, Ampere Computing LLC, for a whopping $6.5 billion.
Why high-profile investors are dumping NVIDIA shares
Top investors like Michael Burry, Masayoshi Son, and Peter Thiel are dumping their NVIDIA shares. The move comes as fears of an overhyped artificial intelligence (AI) rally grow louder.
Surprise move: SoftBank sells entire stake in NVIDIA for $5.8B
SoftBank Group has sold its entire stake in NVIDIA Corporation for a whopping $5.8 billion.
SoftBank shares crash 13% over inflated valuations of AI companies
SoftBank's shares have plummeted by a staggering 13% in Asian trading on Wednesday.
SoftBank greenlights $22.5B investment in OpenAI
SoftBank has approved a second installment of $22.5 billion as part of a $41 billion financing round for OpenAI, according to The Information.
OpenAI is building 5 data centers for $500B Stargate project
OpenAI, the company behind ChatGPT, has announced plans to build five new artificial intelligence (AI) data centers in the US.
Ola Electric shares fall 8% as SoftBank reduces stake
Ola Electric Mobility's shares plummeted nearly 8% on Friday, after SoftBank sold a 2% stake in the company through open market transactions.