SoftBank said on Friday that payments app operator PayPay Corp has applied to list American depositary shares in the United States.
SoftBank has looked to put itself at the center of the AI revolution through acquisitions and investments. Chip designer Arm is majority-owned by SoftBank, while the Japanese giant has also invested billions in OpenAI.
SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter.
SoftBank Group Corp. (OTCPK:SFTBY) Q1 2026 Earnings Conference Call August 7, 2025 3:30 AM ET Company Participants Navneet Govil - Executive Managing Partner & CFO Yoshimitsu Goto - SVP, CFO, CISO, Head of legal, Admin & Finance Unit, Group Compliance Officer & Director Conference Call Participants Unidentified Company Representative [Interpreted] Thank you very much for waiting, everyone. Now, we'd like to start the SoftBank Group Corp., earnings results announcement for 3 months period ended June 30, 2025.
Softbank reported 421.8 billion yen ($2.87 billion) in its fiscal first quarter. This was driven by investment gains at its Vision Fund tech investing arm.
Japanese technology investor SoftBank Group logged a net profit of 421.8 billion yen ($2.87 billion) over the April-June quarter.
SoftBank Corp. (OTCPK:SOBKY) Q1 2026 Earnings Conference Call August 5, 2025 3:00 AM ET Company Participants Junichi Miyakawa - President, CEO & Representative Director Conference Call Participants Daisaku Masuno - Nomura Securities Co. Ltd., Research Division Kazuki Tokunaga - Daiwa Securities Co. Ltd.
The Stargate venture, introduced at a White House event, is now setting the more modest goal of building a small data center by year-end
The U.S. Federal Trade Commission has launched an in-depth investigation into SoftBank Group Corp's purchase of semiconductor designer Ampere Computing LLC, Bloomberg News reported on Tuesday.
SoftBank CEO Masayoshi Son said he is "all in" on OpenAI, with its planned investments in the company reaching about 4.8 trillion Japanese yen ($33.2 billion). "I think that OpenAI will be listed eventually and, in my belief, will become the most valuable company in the world," Son said at a shareholders' meeting.
SoftBank Group CEO Masayoshi Son said on Friday that he wanted the investment group to become the number one platform provider for "artificial super intelligence" in 10 years time.
SoftBank's $1T Arizona AI proposal and Trump's AI push, fuel ETF opportunities across AI, tech and uranium sectors.