Sources: SoftBank plans to form a consortium to build a $33B power plant in Ohio, set to produce 9.2 GW for AI data centers, as part of the US-Japan trade deal
TOKYO — SoftBank Group will form a consortium to carry out a $33 billion gas-fired power plant project in the U.S. …
SoftBank reports Q3 net profit of ~$1.6B, below est., and Vision Fund posts a ~$2.4B gain, after a ~$4.2B gain in its OpenAI investment helped it offset losses
SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
Sources detail the efforts SoftBank is making to raise the necessary funds as it races to close its $22.5B funding commitment to OpenAI by the end of this year
SoftBank Group (9984.T) is racing to close a $22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes …
SoftBank Group was among the Japanese tech stocks that fell on December 18, as Wall Street's AI infrastructure spending worries crossed into the Asian markets
Lim Hui Jie / CNBC :
Sources: Skild AI, which develops a foundation model for robots, is in talks to raise $1B+ from SoftBank and Nvidia at a ~$14B valuation, up from $4.7B in July
Japan's SoftBank Group (9984.T) and Nvidia (NVDA.O) are in talks to invest in Skild AI, in a more than $1 billion funding round …
SoftBank sold its entire Nvidia stake, or ~32M shares, in October for $5.8B and part of its T-Mobile stake for $9.2B, boosting Q2 profit to $16.2B, above est.
Net profit doubles to $16bn on gains from OpenAI and PayPay holdings — Masayoshi Son's SoftBank Group has sold its entire stake …
Samsung, TSMC, SoftBank, SK Hynix, and others closed as much as 10% down, matching their US peers, as investors worry over stretched AI and tech valuations
Shares in Japan's SoftBank Group closed 10% lower on Wednesday, amid a broader drop in AI-linked companies as investors turned wary …
SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B; ABB expects the deal to close in mid-to-late 2026
SoftBank Group (9984.T) said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S) in a $5.4 billion deal.
SoftBank Group consolidates 13 robotics-related companies from its main group and seven from Vision Fund 2 into new holding company SoftBank Robotics Group
Nikkei Asia :
Source: SoftBank will invest an initial $7.5B in OpenAI's $40B round, plus $22.5B by 2025's end; other backers include Microsoft, Coatue, Altimeter, and Thrive
Reportedly With a Few Strings Attached Markus Kasanmascheff / WinBuzzer : OpenAI Hits $300 Billion Valuation with SoftBank-Led Tender Deal Robert Lavine / Global Corporate Venturing : SoftBank leads O...