SoftBank Corp. Unsponsored ADR (SOBKY)
OpenAI Due to Receive Another $22 Billion From SoftBank
SoftBank has reportedly taken another step toward completing its massive $30 billion investment in OpenAI. The Japanese conglomerate's board has greenlit a second installment of $22.5 billion restructuring that would set the stage for an eventual public offering, The Information reported Saturday (Oct. 25), citing a source with knowledge of the decision.
SoftBank reportedly eyes $20bn US float for PayPay
Investors value Japanese payments app lined up for potential December IPO Overseas growth prospects seen as key to sustaining higher valuation SoftBank is preparing to list its payments arm PayPay in the United States as early as December, with investors suggesting the company could be valued at more than $20 billion, according to a Reuters report. Meetings with institutional investors began in mid-September, with 2 trillion yen viewed as a baseline valuation, the newswire said.
AI BUBBLE WATCH: SoftBank reportedly seeking $5bn loan backed by Arm shares for investment in ChatGPT owner
SoftBank Group is in talks with global banks to borrow around $5 billion using shares in its chip designer Arm Holdings PLC (NASDAQ:ARM) as collateral, according to a report by Bloomberg. The loan, known as a margin loan, allows a borrower to secure cash against the value of assets such as stocks.
SoftBank in talks for $5 billion margin loan backed by Arm stock, Bloomberg News reports
SoftBank Group Corp is in talks to borrow $5 billion from global banks for a margin loan secured by shares of its chip unit Arm Holdings , Bloomberg News reported on Friday.
SoftBank to Acquire ABB's Robotics Business Amid Growing AI-Related Investments
SoftBank Group plans to acquire ABB's robotics business for $5.375 billion, saying the move will complement its existing investments in artificial intelligence and robots. Subject to customary closing conditions, SoftBank expects the acquisition to close in mid- to late-2026, the company said in a Wednesday (Oct. 8) press release.
SoftBank bulks up its robotics portfolio with ABB Group's robotics unit
Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier.
SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play
SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position itself at the center of the artificial intelligence boom.
SoftBank, OpenAI Japan AI joint venture is delayed, source says
SoftBank's plans to set up a joint venture with OpenAI to bring artificial intelligence services to corporate customers in Japan are significantly behind schedule, according to a source familiar with the matter.
Here's how SoftBank could turn Intel's fortunes around
SoftBank's $2 billion stake could help the chip maker gain customers and increase Intel's earnings per share.
SoftBank Group shares plunge over 9% as Asian tech stocks decline
Shares of SoftBank Group plunged as much as 9.17% Wednesday, leading losses across technology counters in Asia. Losses were also seen in other technology stocks in South Korea, Taiwan and Hong Kong, following declines in tech counters in Wall Street spurred by artificial intelligence darling Nvidia.
What SoftBank, Government Investments Could Mean for Intel's Business—and Stock
Intel (INTC) shares jumped on Tuesday as investors responded to signals the Trump administration may throw the company's troubled foundry business a lifeline.
SoftBank's Son backs ally Tan with $2 billion Intel investment
When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with soured investments, his parting message offered advice on how Masayoshi Son's conglomerate could strengthen its business.
