Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted by successful portfolio company listings even as a stronger yen dampened foreign currency-denominated gains.
SoftBank Corp. (OTCPK:SOBKY) Q2 2024 Earnings Conference Call November 8, 2024 2:00 AM ET Company Participants Kazuhiko Fujihara - Director, EVP and CFO Junichi Miyakawa - President and CEO Conference Call Participants Satoru Kikuchi - SMBC, Nikko Securities Daisaku Masuno - Nomura Securities Kazuki Tokunaga - Daiwa Securities Operator Thank you very much for waiting. We would like to start SoftBank Corporation Earnings Results Presentation for the Six Months Ended September 30, 2024.
SoftBank CEO Masayoshi Son recently told investors that he thinks Nvidia stock is undervalued.
SoftBank Group CEO Masayoshi Son reiterated his belief in the coming of artificial super intelligence (ASI) on Tuesday, saying it would require hundreds of billions of dollars of investment to realise.
SoftBank Group Chief Executive Masayoshi Son said he believed artificial general intelligence, in which computers have human-level cognitive abilities, would be achieved in two to three years.
SoftBank Group founder Masayoshi Son has outlined an ambitious timeline for the widespread adoption of artificial intelligence (AI), envisioning the advent of AI butlers in the near future. Speaking at an annual forum for corporate clients, Son described a future where AI can monitor family health, contact doctors when necessary, handle shopping and appointments, evaluate investment strategies, and even tutor children.
Former President and CFO of SoftBank Group International Alok Sama is out with a new book taking a look at what goes on behind the scenes of deals made by the powerhouse that is SoftBank - the tech investor that backed the likes of Arm, Nvidia, TikTok, Uber, Alibaba and WeWork. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
CNBC's Becky Quick reports on the latest news.
Federal Reserve Chairman Jerome Powell stated that the central bank isn't in a hurry to make moves and will lower interest rates "over time," emphasizing the overall economic strength. He reiterated his belief that inflation will continue to move towards the Fed's 2% target.
Japan's SoftBank is reportedly planning to invest in OpenAI's multi-billion dollar funding round. The $500 million investment would come from the bank's Vision Fund, The Information reported Monday (Sept.
Japanese telecom company SoftBank will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar with the deal.