Masayoshi Son - Search News

SoftBank swings to a $2.4B loss in Q3 amid lacklustre tech bets

SoftBank Group Corp on Wednesday swung to a loss of 369.16 billion yen ($2.4 billion) in the third quarter of FY24 as shares of some of its top portfolio companies declined sharply during the period.

ジャパンタイムズ · 9h

SoftBank swings to a loss ahead of big Stargate AI bet

The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion) for the fiscal third quarter amid volatility in its Vision Fund unit.

Bloomberg on MSN · 8h

SoftBank swings to $2.4 billion loss in Q3 as value of Vision Fund’s holdings take a hit

SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings, boding ill for founder Masayoshi Son who has to raise $500 billion for the Stargate artificial-intelligence project.

scmp.com · 5h

Japan’s SoftBank swings to a loss ahead of big AI infrastructure bet on Stargate Project

The company posted a US$2.4 billion loss in the December quarter, as founder Masayoshi Son campaigns to raise US$500 billion for Stargate.

Reuters on MSN · 5h

SoftBank's Son back to form with big bets and quarterly loss

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.

7don MSN

What Drives Billionaire Masayoshi Son?

The man behind SoftBank has now teamed up with OpenAI to invest up to $500 billion in American AI infrastructure over the ...

12don MSN

OpenAI’s Sam Altman and SoftBank’s Masayoshi Son Are AI’s New Power Couple

In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...

8don MSN

SoftBank joins with OpenAI in yearly $3B venture to expand AI in Japan

SoftBank inked a $3 billion deal with OpenAI in a joint venture to market OpenAI tech in Japan with its newly-minuted ...

9don MSN

SoftBank and OpenAI set up joint company to push artificial intelligence services

Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up ...

cnbctv186h

SoftBank expands AI push amid Vision Fund woes, OpenAI partnership

SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...

19h

SoftBank mulls debt-heavy financing for its AI push

SoftBank Group Corp founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence (AI) venture with OpenAI that could cost US$500bil or ...

7hon MSN

Japan’s SoftBank reports loss weeks after announcing AI investment with U.S. President Trump

Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...

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