US stocks hold steadier after inflation data, even as IBM plunges
NEW YORK (AP) — Stocks are holding steadier Tuesday after a report showed U.S. inflation was not as…
SoftBank’s CEO isn’t the only one with questions about Elon Musk’s orbital data center hype
Not everyone is buying Elon Musk’s vision for orbital data centers. Masayoshi Son, the founder and CEO of…
Hyundai takes full control of Boston Dynamics as SoftBank exits for $325 million
Hyundai Motor Group is acquiring SoftBank’s remaining 9.65% stake in Boston Dynamics for $325 million, completing its full…
AI revolution is ‘50x bigger’ than dot-com boom: SoftBank’s Masayoshi Son
The AI revolution is 50 times bigger than the dot-com revolution in the 2000s, SoftBank CEO Masayoshi Son…
OpenAI to nearly double workforce to 8,000 by end-2026, FT reports
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim…
SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project
(Bloomberg) — SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive…
SoftBank completes $41 billion investment in OpenAI, deepening bet on AI
By Krystal Hu Dec 30 (Reuters) – SoftBank Group said it completed a $41 billion investment in OpenAI,…
Exclusive-SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
By Echo Wang, Miho Uranaka and Krystal Hu NEW YORK/TOKYO/SAN FRANCISCO, Dec 19 (Reuters) – SoftBank Group is…
SoftBank’s Shares Dive After Nvidia Sale Spooks AI-Wary Market
SoftBank Group Corp.’s stock slid as much as 10% after the tech investor’s exit from AI chipmaker Nvidia…
SoftBank’s Nvidia sale rattles market, raises questions
Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each…
Japan’s SoftBank sells its shares in Nvidia for $5.8 billion
TOKYO (AP) — Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8…
SoftBank Sells Nvidia Stake for $5.8 Billion to Fund AI Bets
(Bloomberg) — SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.83 billion to help bankroll…