SoftBank Posts Third-Quarter Loss of $2.4 Billion
TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell. The loss will further raise questions about SoftBank's plans for one of its most ambitious undertakings - a hefty investment in OpenAI.
The deal would make SoftBank OpenAI's largest investor, surpassing Microsoft, which has committed nearly $14 billion to date. However, due to Microsoft's earlier investment, SoftBank would hold ...
SoftBank reportedly is in talks to invest up to $25 billion in OpenAI and become the ChatGPT creator's largest investor Wall Street is still trying to determine the winners and losers in the ...
SoftBank could dethrone Microsoft as OpenAI's largest single investor — with a potential $25B stake in a reported $40B funding round, doubling the ChatGPT maker's market valuation to $340B News ...
This move could make SoftBank the largest investor in the ChatGPT creator, surpassing Microsoft Corporation MSFT, which has invested nearly $14 billion. What Happened: The investment would support ...
Read: Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative A Citigroup analyst, Mitsunobo Trsuruo, said SoftBank’s investor relations didn’t comment beyond ...
Japanese technology company SoftBank Group Corp. continued to rack ... which negatively impacts Japanese investors, he said. If that were taken out of consideration, investments were basically ...
Japanese tech investor SoftBank (SFTBF) swung to a $2.4 billion loss in the quarter ended December as valuations at its ...
Ampere, the semiconductor business founded by former Intel exec Renee James, is reportedly on the cusp of selling itself to ...
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