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SoftBank Group: News

25 Aug 2025
OYO Rooms

OYO eyeing a valuation of $7-8B for its IPO

OYO, a global travel tech firm, is gearing up to file its Draft Red Herring Prospectus (DRHP) in November.

19 Aug 2025
Donald Trump

SoftBank invests $2B in Intel, becoming 6th-largest shareholder

SoftBank Group has announced a major investment of $2 billion in Intel.

16 Aug 2025
OpenAI

OpenAI employees may sell shares worth $6B to SoftBank, others

Current and former employees of OpenAI are considering a sale of nearly $6 billion worth of the company's shares, according to Reuters.

SoftBank shares up 8% today: Here we decode why

SoftBank Group's shares soared by as much as 8% today, amid speculation that the tech investor could capitalize on its long-standing focus on artificial intelligence (AI).

11 Aug 2025
Business

SoftBank plans US IPO for PayPay, aiming to raise $2B

SoftBank is preparing to take its Japanese payments app operator, PayPay, public in the US. The IPO could raise over $2 billion from investors.

07 Aug 2025
OpenAI

SoftBank Group records net profit of $2.9B in Q1

Japanese tech investor SoftBank Group has reported a net profit of ¥421.8 billion ($2.87 billion) for the April-June quarter.

Lenskart eyes valuation of over $8B in upcoming IPO

SoftBank-backed eyewear start-up Lenskart has filed with the Ministry of Corporate Affairs (MCA) to raise ₹2,150 crore via a fresh issue of shares.

SoftBank-backed travel platform Klook might raise $500M via IPO

Klook, a leading travel and leisure booking platform, is said to be considering an initial public offering (IPO) in the United States.

SoftBank founder plans $1,000B AI and robotics complex in Arizona

SoftBank Group founder Masayoshi Son is planning a $1 trillion industrial complex in Arizona, according to Bloomberg.

25 May 2025
Japan

SoftBank founder has proposed new US-Japan sovereign wealth fund

SoftBank founder Masayoshi Son has proposed a joint sovereign wealth fund (SWF) between the United States and Japan.

07 Apr 2025
Startups

SoftBank-backed Juspay raises $60M to accelerate AI development

Bengaluru-based payment technology company, Juspay, has successfully raised $60 million in its Series D funding round.

20 Mar 2025
Business

SoftBank buys chip designing start-up Ampere for $6.5B

In a deal worth $6.5 billion, SoftBank Group has acquired Ampere Computing, a US-based start-up famous for its ARM-based server chips. It was established in 2017.

SoftBank pours $670M to convert factory into AI data center

Japanese multinational investment firm, SoftBank, has confirmed its plans to invest $672 million in a former Sharp factory.

12 Feb 2025
SoftBank Vision Fund

SoftBank reports $2.4B loss in Q3 amid huge AI investments

SoftBank Group has reported a massive third-quarter loss of ¥369.165 billion (nearly $2.4 billion) for the fiscal year 2024.

03 Feb 2025
ChatGPT

OpenAI, SoftBank partner to offer custom AI services to corporates

OpenAI and SoftBank Group have announced a strategic partnership to create and market an innovative enterprise artificial intelligence (AI) system, "Cristal intelligence."

30 Jan 2025
OpenAI

SoftBank in talks to invest $25B in OpenAI

Japanese multinational conglomerate, SoftBank, is said to be in advanced talks to invest as much as $25 billion in OpenAI.

24 Jan 2025
Sam Altman

Sam Altman reveals first site of $500B Stargate AI project

Sam Altman, CEO of OpenAI, has revealed the first site for the ambitious $500 billion 'Stargate Project' in Texas.

16 Dec 2024
Donald Trump

SoftBank CEO to announce $100B US investment, 100,000 AI-focused jobs

SoftBank CEO Masayoshi Son is all set to announce a mammoth $100 billion investment in the United States.

06 Dec 2024
Paytm

Paytm to sell stake in PayPay to SoftBank for $250M

One97 Communications, the parent company of Indian fintech giant Paytm, is close to finalizing a deal to sell its stake in Japan's digital payments firm, PayPay Corporation.

13 Nov 2024
NVIDIA

NVIDIA, SoftBank introduce world's first combined AI and 5G network

In a major development, leading chipmaker NVIDIA has partnered with SoftBank to introduce the world's first artificial intelligence (AI) and 5G telecommunications network.

13 Nov 2024
Japan

SoftBank's supercomputer bags priority access to NVIDIA's new-gen AI chips

SoftBank has bagged a priority position in the queue for NVIDIA's new-generation Blackwell AI chips, NVIDIA CEO Jensen Huang has confirmed.

12 Nov 2024
Business

SoftBank Vision Fund's co-CEO Rajeev Misra to leave the company

Rajeev Misra, the co-CEO of SoftBank's Vision Fund, is resigning from his leadership roles at the company's flagship technology investment vehicles.

11 Nov 2024
NVIDIA

SoftBank set to book $1.87B profit thanks to IPOs

Japanese technology investor, SoftBank Group, is expected to announce a quarterly profit of ¥287 billion ($1.87 billion) today.

01 Oct 2024
OpenAI

SoftBank plans $500 million investment in ChatGPT creator OpenAI

SoftBank's Vision Fund is planning to drop a hefty $500 million into OpenAI, as per a report by The Information.

SoftBank-backed B2B e-commerce platform eyes $1B IPO in India

OfBusiness, an Indian B2B e-commerce platform supported by SoftBank Group, is preparing for a potential initial public offering (IPO) in the country.

15 Aug 2024
Intel

SoftBank ends AI chip collaboration with Intel, turns to TSMC

SoftBank has terminated its partnership with Intel, initially aimed at creating an artificial intelligence (AI) chip.

05 Aug 2024
Business

SoftBank shares plunge 19%, Masayoshi Son's wealth shrinks by $4.6B

SoftBank Group shares took a nosedive of nearly 19% on Monday, resulting in a significant reduction in founder Masayoshi Son's net worth.

13 Jul 2024
Paytm

SoftBank cuts ties with Paytm, sells remaining 1.4% stake

Japan's SoftBank has fully divested from One97 Communications, the parent company of fintech giant Paytm.

27 Jun 2024
Technology

SoftBank to invest $10-20M in Perplexity AI at $3B valuation

SoftBank Group's Vision Fund 2 is preparing to invest in US-based artificial intelligence startup, Perplexity AI.

21 Jun 2024
Smartphones

SoftBank's Masayoshi Son pushes for development of artificial super intelligence

Masayoshi Son, CEO of SoftBank Group, has revealed his ambitious vision for the future of the company.

17 Jun 2024
Google

SoftBank forges strategic alliance with AI search engine Perplexity

SoftBank, the multinational conglomerate, has announced a strategic alliance with Perplexity, an AI search engine aiming to compete with Google.

17 Jun 2024
Reliance Industries

OYO eyes ₹1,000 crore fundraise in significant down round

OYO, a leading Indian hospitality startup, is currently in advanced discussions to raise approximately ₹1,000 crore ($120 million).

13 May 2024
Business

SoftBank's shares surge amid Arm Holdings's AI chip plans

SoftBank Group's stock experienced a 1.89% increase, reaching 8,026 yen ahead of its earnings report.

07 May 2024
Tesla

UK startup secures record $1B funding to expand self-driving tech

Wayve, a UK-based startup specializing in self-driving technology, has successfully raised $1.05 billion in a Series C funding round.

29 Feb 2024
Paytm

SoftBank reduces stake in crisis-hit Paytm to less than 3%

SoftBank has reduced its stake in Paytm, now holding only 2.83% compared to 5.01% previously, as reported in a recent exchange filing.

What is 'Izanagi', SoftBank founder Son's new $100B AI venture

SoftBank founder Masayoshi Son is working on a massive $100 billion project to develop a new artificial intelligence (AI) chip unit, called 'Izanagi.'

17 Jan 2024
Business

SoftBank fully exits PolicyBazaar parent, bags a profit of 225%

SoftBank has made a whopping $650 million (approximately Rs. 5,400 crore) in returns after fully exiting PB Fintech, the parent company of insurance marketplace PolicyBazaar.

11 Jan 2024
Startups

SoftBank to resume investing in Indian start-ups this year

SoftBank is gearing up to invest in Indian start-ups once more after an 18-month hiatus, according to Sumer Juneja, Head of India and EMEA at SoftBank Investment Advisers.

03 Jan 2024
India

Who is Nikesh Arora, IIT-graduate who just became a billionaire

Nikesh Arora, the CEO of cybersecurity company Palo Alto Networks, has entered the billionaires' club after a hefty paycheck he received from the firm.

29 Dec 2023
E-commerce

Meesho's FY23 revenue rises 77%, losses shrink by half

Meesho, an affordable e-commerce platform, has seen a 77% surge in revenue from operations, hitting Rs. 5,735 crore in FY23 compared to Rs. 3,232 crore in FY22.

SoftBank-backed FirstCry, Ola Electric to file IPO papers by December-end

Ola Electric and FirstCry, both backed by SoftBank, will submit their draft IPO papers to the Securities and Exchange Board of India (SEBI) by next week, as per Moneycontrol.

07 Dec 2023
Zomato

SoftBank may sell Zomato shares worth Rs. 1,125 crore

SoftBank plans to sell around 1.1% of its stake in the food delivery giant Zomato, amounting to approximately $135 million (Rs. 1,125 crore) through a block deal, as per Bloomberg.