#SoftBank
9 stories taggedSoftBank.
SB Energy files for IPO with a $3.2 billion loss and one giant customer
The AI data centre builder backed by SoftBank, OpenAI and Nvidia is heading to the stock market while carrying heavy losses and a frank admission: its near-term future depends almost entirely on OpenAI.
Nvidia puts $1.5 billion into the data center company behind OpenAI's giant Ohio facility
The chip maker will also extend up to $105 billion in credit to help build a site that could eventually draw as much power as a small city.
SoftBank bets $200 million on robots that drive diggers
Swiss startup Gravis Robotics just landed what it claims is the biggest funding round in construction robot history, with a kit that bolts onto any excavator and lets it work on its own.
OpenAI-backed Thrive Holdings raises $2 billion to wire AI into everyday businesses
Thrive Holdings buys traditional firms, sends in AI experts, and now wants to tackle the mountain of paperwork that slows down building roads, data centres, and power plants.
SoftBank's Intel bet pays off big, but OpenAI goes quiet on the books
The Japanese investment giant posted a $2.2 billion profit for the June quarter, well above forecasts. A huge gain on Intel shares did the heavy lifting. OpenAI, which SoftBank has pumped $55 billion into, added nothing this time.
Asian Tech Stocks Slide as SK Hynix Drops Nearly 10% on AI Spending Fears
A sharp sell-off swept through Asian chip and tech stocks on Thursday, but analysts say the underlying AI investment story has not changed.
SoftBank Gave Trump's Library $50 Million. Two Months Later, It Got a Huge Federal Land Deal.
The Japanese tech giant confirmed the timeline to US senators, raising fresh questions about whether big donations to a sitting president's library can buy government favours.
SK Hynix surges 25%, Samsung jumps 20% as AI spending fears evaporate overnight
Blowout cloud results from Amazon and Microsoft sent Asian chip stocks soaring on Friday, wiping out a week of losses driven by fears that AI investment was running ahead of reality.
Asia chip stocks tumble as AI spending fears sweep global markets
SoftBank fell nearly 9% and Japan's top chip equipment makers lost similar ground on Friday, as Wall Street's semiconductor sell-off rippled across Asia and investors asked a pointed question: is the AI building boom worth the cost?