JX Metals Cuts Price of Japan’s Biggest IPO Since Softbank
JX Advanced Metals Corp. cut the proposed price of what will likely be Japan’s biggest initial public offering since 2018, ...
SoftBank Bets Big on AI With $16B Loan, But Can It Sustain the Risk?
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech ...
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 ...
Warren Buffett’s Berkshire Hathaway Upping Japan Bets Has A Dark Side
The lifeline that Warren Buffett just handed Shigeru Ishiba couldn’t come at a better moment for the beleaguered Japanese ...
Nissan CDS Rises to Highest in Japan, Topping Rakuten, SoftBank
Nissan Motor Co.’s credit-default swaps widened to the most among Japanese companies, overtaking both Rakuten Group Inc. and ...
SoftBank, OpenAI unveil Japan AI joint venture
SoftBank Group CEO Masayoshi Son on Monday said he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate customers.
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OpenAI to move AI compute from Microsoft to SoftBank by 2030
OpenAI is reportedly planning to shift its compute needs away from Microsoft and instead rely on capacity provided by its Stargate partner SoftBank.