Tag: Softbank
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SoftBank Plans Significant Investment in OpenAI Following Arm’s Lucrative IPO
In the wake of the resounding success of British chip designer Arm’s initial public offering (IPO), SoftBank, the Japanese multinational conglomerate, is considering a...
SoftBank Reports Surprising Q1 Loss Despite Vision Fund Gains
SoftBank has announced an unexpected loss of 477.6 billion yen ($3.3 billion) for the first quarter (Q1) spanning April to June. This unexpected financial...
SoftBank and Symbotic plan AI-powered warehousing venture
SoftBank Group has partnered with Symbotic for a warehousing venture that will be majority owned by the Japanese investor and will buy $7.5 billion of...
SoftBank posts record $32 bn loss at its Vision Fund
Investment giant SoftBank has posted a record $32 billion loss at its Vision Fund for the fiscal year that ended in March 2023 as...
The Edgeof buys SoftBank Ventures Asia
SoftBank has sold SoftBank Ventures Asia, an early-stage venture capital firm with approx. $2 billion funds under management, to The Edgeof, a newly formed...
