Japanese tech giant SoftBank Group has posted a profit for the April-to-December period for the first time in three years. It comes as the company looks to fund greater investment in the AI sector.
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 ...
For its third quarter, SoftBank Group booked a net loss of 369.165 billion yen, equivalent to $2.42 billion, compared with a net profit of Y950.00 billion in the year-earlier period. That missed the ...
The increased borrowing capacity of $5.0 billion was untouched as of December.SoftBank’s earnings are susceptible to ...
SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...