SoftBank Corp. Unsponsored ADR (SOBKY)
SoftBank and Open AI's $500 Billion AI Project Struggles to Get Off Ground
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
SoftBank's Ampere deal to face in-depth review by FTC, Bloomberg News reports
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 says he's 'all in' on OpenAI, reveals he's long wanted Microsoft's spot as main backer
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 aiming to become leading 'artificial super intelligence' platform provider
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.
ETFs to Watch as SoftBank Eyes $1T Arizona AI hub
SoftBank's $1T Arizona AI proposal and Trump's AI push, fuel ETF opportunities across AI, tech and uranium sectors.
SoftBank pitches chip giant TSMC on building $1 trillion AI hub in US: report
The company has reportedly pitched the project to federal and state government officials.
SoftBank Seeks Support for Proposed $1 Trillion Complex to Build Robots and AI
SoftBank is reportedly seeking support from partners and the U.S. government to build a $1 trillion manufacturing complex in Arizona that would focus on robots and artificial intelligence. [contact-form-7] The company's founder, Masayoshi Son, has discussed partnerships with Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics and has sought tax incentives from U.S.
SoftBank Pitches US AI Hub to TSMC
Masayoshi Son, the founder of SoftBank, is seeking to team up with TSMC to realize a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence. SoftBank officials are keen to have TSMC, the Taiwanese maker of Nvidia's advanced AI chips, play a prominent role in the project.
SoftBank outlines $1 trillion AI and robotics pla
SoftBank Group founder Masayoshi Son is considering developing a $1 trillion industrial hub in Arizona focused on robotics and artificial intelligence, according to Bloomberg. The project aims to revive advanced technology manufacturing in the US and create a hub similar to China's Shenzhen.
T-Mobile shares drop on SoftBank sale
T-Mobile US Inc (NASDAQ:TMUS, ETR:TM5) shares fell 4.5% on Tuesday morning after SoftBank Group Corp sold 21.5 million shares in the wireless carrier through a $4.9 billion overnight block trade, trimming its stake from 7.5% to 5.6%. The unregistered sale, priced between $224 and $228 per share, represented a discount of about 3% to Monday's closing price and marks the biggest US equity block sale since Toronto-Dominion Bank's $13.1 billion divestiture of Charles Schwab in 2023.
T-Mobile Stock Falls. SoftBank Just Sold $4.8 Billion in Shares, Report Says.
The Japanese tech group is dumping shares to help pay for its artificial intelligence plans, according to a report.
SoftBank Group Earnings: All-In On AI, But At What Cost?
SoftBank's fiscal year 2024 earnings were positive for the first time in four years. Concerns arise over SoftBank's $40 billion investment in OpenAI, valuing the startup at ~$300 billion, and the high valuation of its ARM investment. SoftBank Vision Funds show poor performance, with combined cumulative losses despite many successful public listings.
