Softbank News
SoftBank’s Masayoshi Son is making big bets, leaning heavily on borrowing
SoftBank Group is investing heavily in a cluster of AI companies. There are concerns around the reliance on debt and overvaluation
3 min read20 Apr 2025OpenAI is worth $300 bn after SoftBank deal. Why that turns the screw on Microsoft.
Microsoft will get a boost to the value of its stake in ChatGPT-maker but there are complicated negotiations to come over OpenAI’s transition to a for-profit company.
1 min read1 Apr 2025Amid Ghibli image hype, OpenAI secures $40bn funding led by SoftBank, doubling valuation to $300bn—All you need to know
OpenAI has secured a $40 billion funding round led by SoftBank, valuing the company at $300 billion. This marks the largest financing round ever, nearly doubling its previous valuation and comes amid the hype around its Ghibli pictures rollout.
1 min read1 Apr 2025SoftBank 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.
1 min read12 Feb 2025Mint Explainer: Will the $500 billion Stargate plan help the US trump China?
On the second day of his presidency on Tuesday, Donald Trump announced the Stargate Project, a $500 billion joint venture among OpenAI, Softbank, Oracle, and MGX, to build AI-focused data centres across the US. Mint explains its implications
6 min read22 Jan 2025Trump, SoftBank CEO to announce $100 billion investment in US
The president-elect is set to appear with SoftBank Group CEO Masayoshi Son at Mar-a-Lago on Monday.
2 min read16 Dec 2024Masayoshi Son is back in Silicon Valley—and late to the AI race
This isn’t the first time the Japanese tech investor has missed the hot new thing
5 min read11 Dec 2024SoftBank Group plans to invest $1.5 billion in OpenAI through tender offer
The Japanese tech investment company is starting a tender offer to buy shares worth $1.5 billion in OpenAI from employees of the startup, a person familiar with the matter said.
1 min read27 Nov 2024SoftBank Chief Masayoshi Son likely to meet PM Narendra Modi today, November 27. What's on agenda?
SoftBank founder Masayoshi Son to meet Indian Prime Minister Narendra Modi as the company eyes more artificial intelligence and technology projects in the country, reported Reuters.
1 min read27 Nov 2024‘Let’s cry together…': Jensen Huang jokes with Masayoshi Son about SoftBank ditching Nvidia stake
CEO Jensen Huang said at an event in Tokyo that Japanese investment giant SoftBank was once the largest shareholder of Nvidia Corp. Both companies now plan to collaborate in the AI industry.
1 min read13 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared