SoftBank itself has invested $2.0 billion in OpenAI through its Vision Fund 2, after the Japanese company bought $1.5 billion of existing shares in January. The company's cash position stood at 5.0 ...
The increased borrowing capacity of $5.0 billion was untouched as of December.SoftBank’s earnings are susceptible to ...
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.
The firm posts a 9-month profit despite a third-quarter loss. An expert says SoftBank is spending big on its tech alliances a bid to vault ahead in the AI service sector.
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of ...