SoftBank Corp. Unsponsored ADR (SOBKY)
SoftBank Launches Japan Battery Venture Amid AI Hardware Push
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.
SoftBank stock skyrockets 16%: is its $64B OpenAI gamble paying off?
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.
SoftBank Planning $100 Billion US Robotics and AI Company
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 reportedly weighs $100 billion valuation for new AI and robotics spinout in potential U.S. IPO
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.
SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO
Tech companies are racing to build out infrastructure that can further drive the automation boom. Now, Japanese multinational SoftBank reportedly plans to create a new company designed to automate the creation of that infrastructure.
SoftBank Plots IPO for New Robotics Venture
Roze AI plans to focus on AI and robotics, an area CEO Masayoshi Son sees as the ‘next frontier' for SoftBank.
Why is SoftBank raising $10B loan backed by OpenAI stake?
SoftBank Group is seeking to raise as much as $10 billion through a margin loan backed by its shares in OpenAI, according to Bloomberg News. The development comes as Masayoshi Son's group leans further on debt to finance its artificial intelligence push.
SoftBank seeks $10 billion margin loan backed by OpenAI shares, Bloomberg News reports
SoftBank Group is seeking a $10 billion loan secured by its shares in ChatGPT maker OpenAI, Bloomberg News reported on Wednesday, citing sources.
SoftBank raises $1.5B, €1.75B in global bond markets
SoftBank Group Corp. raised about $3.5 billion through a dual-currency bond offering, as the Japanese investment firm moves to refinance debt and partly repay a bridge loan tied to investments in OpenAI. The company secured $1.5 billion via dollar-denominated bonds and 1.75 billion euros ($2.06 billion) through euro-denominated notes, as stated in a filing on Thursday The fundraising comes at a time when global debt markets are showing signs of recovery.
SoftBank may elevate Arm CEO Rene Haas in AI strategy shift
Rene Haas is set to oversee much of SoftBank Group's international business while remaining chief executive of Arm, according to the Financial Times, citing people familiar with the matter. The move would give Haas a far broader operating brief as founder Masayoshi Son accelerates the Japanese group's push into artificial intelligence and advanced chips.
Can Ericsson's Network Enhancement Deal With SoftBank Aid Its Shares?
ERIC deepens SoftBank partnership with a long-term deal to deploy cloud-native 5G Core, boosting Japan???s 5G shift and telecom network performance.
Why SoftBank's new $40B loan points to a 2026 OpenAI IPO
SoftBank has taken on a new $40 billion loan to help it cover its $30 billion commitment to invest in OpenAI as part the AI model maker's record-breaking $110 billion raise last month, the Japanese conglomerate said on Friday.
