SoftBank Group is closely tied to the AI boom through its stake in Arm Holdings, whose chip designs are used in AI servers and data centers powered by Nvidia systems.
Power infrastructure firm SB Energy has confidentially filed for an initial public offering in the United States, it said on Wednesday, seeking to tap buoyant investor demand for new listings.
SoftBank Corp. (SOBKY) Q4 2026 Earnings Call Transcript
Japanese conglomerate SoftBank's quarterly profits jumped nearly threefold thanks to its stake in OpenAI. The company released earnings Wednesday (May 13) showing its net profit more than tripled to 1.83 trillion yen, or $11.6 billion.
Japanese technology investor SoftBank Group posted a sharp rise in quarterly profit on Wednesday as surging gains from its investment in OpenAI boosted the performance of its Vision Fund business. The company reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, compared with a profit of 517 billion yen in the same period a year earlier.
The Japanese technology investment company has issued debt, sold stakes in companies, and borrowed against its stake in Arm Holdings and other assets to fund bold AI investments.
SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank has funnelled $457 million into AI chip company Graphcore, which it acquired in 2024, Graphcore confirmed to CNBC. The acquisition was part of the Japanese giant's big play in AI infrastructure and hardware.
SoftBank Group's telecommunications arm—SoftBank Corp.—will build large-scale battery cells and storage systems in partnership with South Korea-based battery company Cosmos Lab and AI firm DeltaX Co.
Japanese markets reopened after the Golden Week holidays to a powerful AI-driven rally on Thursday, with SoftBank stock soaring as investors rushed to catch up with gains already seen across global technology stocks. Shares in the Japanese investment group jumped 16.4% on Thursday, according to market commentary, after a long holiday stretch in which US tech names kept surging, and Asian AI stocks stayed bid.
Japanese conglomerate SoftBank reportedly plans to create an American artificial intelligence (AI) and robotics company. That's according to a report Thursday (April 30) from the Financial Times (FT), which characterizes the venture, known as Roze, as part of SoftBank founder and CEO Masayoshi Son's push to make his AI ambitions a reality.
SoftBank is planning a $100 billion AI spinoff to build data centers and robotics systems, FT reported. The new entity will reportedly focus on building data centers and using robotics to improve the efficiency of AI infrastructure construction.