A year into the tech rout, Tokyo-based SoftBank is still taking hits from a peak-of-the-market spending spree, as the company on Tuesday posted a $5.8 billion quarterly loss on its startup ...

SoftBank and OpenAI’s plan to “immediately” invest $100 billion in artificial intelligence infrastructure in the US has faced months of delays due to fears that President Trump’s tariffs ...

SoftBank makes another bet on WeWork, hoping landlords will too By Anton Bridge November 7, 202311:40 AM PSTUpdated November 7, 2023 ...

Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar with the deal.

Back in 2021, Japanese investment giant SoftBank led a little-known social media app called IRL to unicorn status and an overall valuation of $1.17 billion by investing over $170 million. Well, it ...

WeWork hasn’t worked well for SoftBank. With WeWork’s bankruptcy filing Tuesday, SoftBank has lost over $14 billion on its investments in the office-leasing company, an analysis of SoftBank ...

The deal would make SoftBank OpenAI’s biggest investor, displacing Microsoft, which has committed nearly $14 billion to date. However, SoftBank would have a smaller stake in OpenAI’s for ...

SoftBank CEO Masayoshi Son said he is "all in" on OpenAI, with its planned investments in the company reaching about 4.8 trillion Japanese yen ($33.2 billion). "I think that OpenAI will be listed ...

SoftBank once invested in social app IRL at a $1.1 billion valuation. Now, the Japanese investment firm is suing the defunct company for fraud, alleging $150 million in damages.

SoftBank CEO Masayoshi Son revealed that he cried for a few days when questioned about his entrepreneurship back in October because he realized that he actually wanted to be an architect.