TOKYO -- SoftBank Group Chairman and CEO Masayoshi Son was in his element when he took the stage in Tokyo this month to lay out his vision for artificial intelligence. Holding a crystal ball in one hand, he told an audience of executives from about 500 companies how AI will bring humanity closer to a world of "stories or science fiction."
Son founded SoftBank Group in 1981 and grew it into a conglomerate and investment ... India-based food delivery platform Swiggy, Southeast Asia's ride share company Grab, and others through its AI and tech-focused investment funds, Vision Funds 1 and ...
Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.In particular,
TOKYO -- SoftBank Group on Wednesday announced a net loss of 369.1 billion yen ($2.4 billion) for the third quarter ending in December, a sharp turnaround from a 1.1 trillion yen net profit logged in the previous quarter, dragged down results from its flagship Vision Fund.
For SoftBank Group Corp. investors looking for the stock to climb back to all-time highs on a revival of the artificial intelligence boom, DeepSeek poses a major hurdle.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts,
India is slated to report its inflation data for January. SoftBank Group will be posting its fiscal third quarter earnings results later in the day.
India is slated to report its inflation data for January. SoftBank Group will be posting its fiscal third-quarter earnings later in the day.
SoftBank has reported much improved financials for the first three quarters of its current financial yearThe Japanese telco used its latest earnings
The tech investment company reported a quarterly loss, partly due to the weakness in its technology funds business, as it geared up for the Stargate project.
DeepSeek may spark a “near-term market correction” for SoftBank and other AI stocks, said chief executive officer Yun Jung-in at Fibonacci Asset Management Global. While the AI rally should pick up again in the longer term, the focus will be on monetisation, he said, adding that “will take years”.
TOKYO: Japanese technology investor SoftBank Group booked a surprising net loss of ¥369.2 billion (US$2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
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