SoftBank Corp. Unsponsored ADR (SOBKY)
SoftBank to spend an eye-popping $33B to build huge U.S. gas power plant
SoftBank subsidiary SB Energy is expected to build a massive 9.2 gigawatt natural gas-fired power plant on the Ohio-Kentucky border, according to a report from Bloomberg. If completed, it would be the largest power plant in the U.S., capable of powering around 7.5 million homes.
SoftBank says it made $4.2 billion from its OpenAI investment in the last quarter
SoftBank, the Japanese tech investor that has aggressively spent pursuing what it calls “artificial super intelligence,” said its recorded a $4.2 billion gain in the last quarter on its 11% stake in OpenAI.
SoftBank Group Posts Quarterly Profit on Tech Funds Gains
The Japanese technology investment company on Thursday posted a net profit of 248.59 billion yen, equivalent to $1.62 billion, for the three months ended December.
SoftBank Vision Fund books $2.4 billion quarterly gain boosted by OpenAI bet
With the Vision Fund, SoftBank has invested in AI companies it believes will be category winners, seeking to position itself at the center of the technology's development. SoftBank posted a $2.4 billion gain at its Vision Fund.
SoftBank earnings set for OpenAI boost, with focus on future funding
Japan's SoftBank Group is expected to post a healthy profit on its investment in OpenAI when it reports quarterly results on Thursday, as the market focuses on how it will fund its artificial intelligence spending spree.
SoftBank shares surge 10% after telecom unit lifts outlook, Arm strength bolsters AI narrative
Shares of SoftBank Group Corp jumped after its telecom arm raised its full-year profit outlook. Renewed optimism around Arm Holdings added to bullish sentiment toward the group's AI exposure.
SoftBank subsidiary to work with Intel on next-gen memory for AI
SoftBank unit Saimemory and Intel team up on new memory tech aimed at AI and high-performance computing. Prototypes are planned for 2028, with commercialization targeted for fiscal 2029.
SoftBank Considers Adding $30 Billion to Investment in OpenAI
SoftBank Group is in talks to invest another $30 billion in OpenAI, The Wall Street Journal reported Wednesday (Jan. 28), citing unnamed sources. This investment would be in addition to the $22.
SoftBank in talks to invest up to $30 billion more in OpenAI, WSJ reports
SoftBank is in discussions to invest up to an additional $30 billion in OpenAI, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
SoftBank in Talks to Invest up to $30 Billion More in OpenAI
The Japanese conglomerate is exploring further investment as part of the startup's efforts to raise up to $100 billion.
Japan, US narrow first $550 bln investment picks, including SoftBank-linked plan, sources say
Japan and the U.S. have short-listed a few projects as the first candidates under Tokyo's planned U.S.-bound $550 billion investment, including a project involving SoftBank Group , two sources familiar with the matter told Reuters.
OpenAI, SoftBank to Invest $1 Billion in SB Energy
SoftBank's company is working with OpenAI to help develop its artificial-intelligence infrastructure platform Stargate.
