SoftBank Corp. Unsponsored ADR (SOBKY)
OpenAI and SoftBank Group announce $1 billion investment in SB Energy as part of massive AI buildout
OpenAI and SoftBank agreed to invest $1 billion into SB Energy as the companies plan for a massive buildout of AI data centers. SB Energy is backed by SoftBank and Ares Management.
OpenAI, SoftBank invest $1 billion in SB Energy
OpenAI and SoftBank Group will jointly invest $1 billion in SB Energy, a SoftBank-owned provider of data-center and power infrastructure, as part of their Stargate project, SB Energy said on Friday.
SoftBank lifts OpenAI stake to 11% with $41bln investment
Japanese tech investor SoftBank said Wednesday that its stake in OpenAI is now around 11% after completing the second stage of a $41-billion investment in the maker of ChatGPT.
SoftBank is buying DigitalBridge for $4 billion to accelerate its AI ambitions
SoftBank is acquiring data center investor DigitalBridge for $4 billion. SoftBank CEO Masayoshi Son said the deal supports global growth in data centers and connectivity.
SoftBank has been on the prowl for AI investments — here's its next target, according to a report
SoftBank has slowly been increasing exposure to the AI trade.
SoftBank reportedly nears deal for data centre investor DigitalBridge
SoftBank is nearing a deal to buy DigitalBridge, the US-listed investment firm that specialises in data centres and other digital infrastructure, in a move that would deepen the Japanese group's push into assets underpinning artificial intelligence. According to an exclusive report by Bloomberg, the Japanese investment giant is in advanced talks to acquire the business, with an announcement possible later Monday.
SoftBank rushes to fund OpenAI as PayPay IPO looms - Reuters
SoftBank Group is racing against the clock to meet its $22.5 billion funding commitment to OpenAI before the year ends, sources told Reuters. To raise the cash, the Japanese conglomerate is reportedly weighing margin loans and selling stakes in marquee holdings like Nvidia and T-Mobile.
Exclusive: SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
SoftBank Group is racing to close a $22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investments, and could tap its undrawn margin loans borrowed against its valuable ownership in chip firm Arm Holdings , sources said.
SoftBank leads decline in Japanese tech stocks as worries over AI spending spill over to Asia
SoftBank Group Corp was among the top losers in the benchmark Nikkei 225, falling as much as 7.25%. This comes the tech heavy Nasdaq Composite slipped 1.81% overnight, dragged by losses in Oracle, Broadcom, Nvidia and other AI names.
SoftBank and Nvidia Consider Joining Funding Round for Robotics Firm Skild AI
SoftBank Group and Nvidia are reportedly in talks to participate in a more than $1 billion funding round for Skild AI, a maker of foundation models for robots. The round, which has not been finalized and could change, could nearly triple Skild's valuation from the $4.
Exclusive: SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources say
Japan's SoftBank Group and Nvidia are in talks to invest in Skild AI, in a more than $1 billion funding round that could value the maker of foundation models for robots at around $14 billion, according to sources and a term sheet seen by Reuters.
SoftBank's Arm plans to set up chip design facility in South Korea
South Korea's industry ministry and SoftBank's chip unit, Arm Holdings, have signed an agreement to strengthen the country's semiconductor and Artificial Intelligence sectors, a presidential policy adviser said on Friday.
