SoftBank Group Corp. has sold its entire remaining stake in Nvidia Corp. in order to raise funds for its promised $22.5 billion investment in ChatGPT maker OpenAI Group PBC. The Japanese company said ...
The investment in the AI company is the largest ever by Masayoshi Son, a Silicon Valley fixture known for his appetite for risk.
SoftBank posted a $2.4 billion gain at its Vision Fund as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
SoftBank announced a US$2 billion investment in Intel, acquiring a 2% stake. The market views this move as a potential lifeline for the struggling chipmaker. However, foundry industry insiders suggest ...
TOKYO (Reuters) -When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with soured investments, his parting message offered advice on how ...
SoftBank to become 6th largest Intel shareholder, according to LSEG data SoftBank not seeking board seat or committing to buy Intel chips, says source Intel shares rise ~7%; SoftBank shares close down ...
OpenAI and SoftBank announced a joint $1 billion investment in SB Energy on Friday to build and operate a 1.2-gigawatt data centre in Milam County, Texas. On the surface, it reads like yet another ...
(Reuters) - Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround. The equity investment, ...