Sources: SoftBank is seeking a bridge loan of up to $40B, its largest-ever borrowing denominated solely in dollars, to help finance its investment in OpenAI
SoftBank Group Corp. is seeking a loan of as much as $40 billion to mostly help finance its investment in US tech giant OpenAI …
Sources: SoftBank halts talks about a ~$50B acquisition of US data center operator Switch, a setback to Masayoshi Son's goal to roll out Stargate infrastructure
SoftBank Group Corp. has halted talks about an acquisition of US data center operator Switch Inc., a setback …
OpenAI and SoftBank say they will each invest $500M in SB Energy to support the infrastructure company's growth as a data center developer and operator
OpenAI and SoftBank Group Corp. have jointly invested $1 billion in SB Energy, an infrastructure company that's working with the tech firms …
OpenAI and SoftBank says they will each invest $500M in SB Energy to support the infrastructure company's growth as a data center developer and operator
OpenAI and SoftBank Group Corp. have jointly invested $1 billion in SB Energy, an infrastructure company that's working with the tech firms …
SoftBank says it has completed a $22.5B investment in OpenAI, finalizing its up to $40B investment commitment announced in March and taking its stake to ~11%
SoftBank Group Corp. ("SBG" or the “Company") today announced that it has completed an additional investment of $22.5 billion …
SoftBank agrees to acquire NYSE-listed DigitalBridge, a private equity firm that invests in data centers and digital infrastructure operators, for $4B in cash
SoftBank Group Corp. agreed to acquire private equity firm DigitalBridge Group Inc. in a deal valuing the data center investor at $4 billion including debt.
SoftBank buys Foxconn's Ohio EV plant; Foxconn will still run the plant and make AI servers as part of Softbank's $500B Stargate project with OpenAI and Oracle
Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what's in the running …
Sources: SoftBank purchased Foxconn's EV plant in Ohio for $375M, a move aimed at kickstarting its $500B Stargate data center project with OpenAI and Oracle
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group's electric vehicle plant in Ohio …
SoftBank commits $3B annually for itself and its subsidiaries to use OpenAI's tech, and launches SB OpenAI Japan to market OpenAI's enterprise tech in Japan
Welcome to Cautious Optimism, a newsletter on tech, business, and power. SoftBank Group Corp. : OpenAI and SoftBank Group Partner to Develop and Market Advanced Enterprise AI The Asahi Shimbun : SoftB...
SoftBank reports Vision Fund lost ~$2B in Q4, down from ~$16B in Q4 2022, leading to a ~$32B full-year loss; investments for the year to March fell to ~$3B
SoftBank Group Corp. lost money in its Vision Fund investment unit again despite a rebound in tech stocks, as the Japanese conglomerate …