SoftBank, the venture capital firm that came to epitomize the hypergrowth era of startups, is--like many players in tech--pivoting to AI. The Japanese investment giant has been writing down ...
SoftBank CEO Masayoshi Son's bet on AI seems to be paying off. The Japanese conglomerate posted a $1.5 billion profit in its latest quarter. The gains come off the back of its big bet on the chip ...
SoftBank booked a profit of ¥328.9 billion (US$2.11 billion) in January-March, compared to a loss of US32 billion yen a year earlier. Still, the second straight quarter of profit was not enough ...
SoftBank Group Corp. laid out plans to get more aggressive in artificial intelligence and other fields, after reporting a second quarter of profit and a surge in the value of assets including Arm ...
TOKYO - SoftBank Group reported a second straight quarter of profitability as the Japanese tech conglomerate benefits from an artificial intelligence (AI) investment boom that has buoyed prized ...
SoftBank reported a second straight quarter of profitability as the Japanese tech conglomerate benefits from an artificial intelligence investment boom that has buoyed prized assets like Arm ...
TOKYO, May 16 (Reuters) - Dealing with irate customers can be extremely stressful for call centre workers but Japan's SoftBank Corp thinks it has a solution: artificial intelligence-enabled ...
SoftBank Group rose 1.89 percent at 8,026 yen ahead of its earnings report due after the closing bell, AFP reported. The stock moved after reports that its chips subsidiary Arm Holdings is gearing ...
A surge in Arm's stock helped push SoftBank’s estimated net asset value up 45% last quarter. (Chris Ratcliffe/Bloomberg News) SoftBank’s fortunes increasingly depend on British chip designer Arm.
Japanese technology giant SoftBank Group swung to a quarterly profit today from a year earlier, reporting a net profit of 328.9 billion yen ($2.11 billion) for the three months from January to March.
TOKYO, May 13 (Reuters) - Japanese technology investor Softbank Group (9984.T) , opens new tab believes it has an advantage over smaller rivals because it can leverage its entire $183.6 billion ...
TOKYO — SoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese ...