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, May 10 (Reuters) - (This May 10 story has been corrected to specify that Arm is a subsidiary, not a wholly owned subsidiary of SoftBank Group, in paragraph 3) Japanese technology investor ...
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 ...
TOKYO - SoftBank Group’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed holdings in recent years, a sign of founder Masayoshi Son ...
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 ...
Masayoshi Son turns away from aggressive style of venture capital investing, leaving the fund’s reduced staff as mostly caretakers. SoftBank Group Corp.’s flagship Vision Fund has quietly sold ...
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.