Softbank Vision Fund News
SoftBank 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 2024Alok Sama, SoftBank’s former president, on the smear campaign against him and working with Masa
Alok Sama’s new book reveals the personal toll of a smear campaign within SoftBank, detailing his relationship with Masayoshi Son and the firm’s investment strategies. He observes SoftBank’s shift away from India, emphasizing the country’s ongoing appeal for investors despite this change.
5 min read19 Sep 2024How SoftBank-backed ElasticRun has revamped its strategy to improve margins, hit profitability
Working with multiple regional brands instead of a few national ones has helped the company multiply how much money it makes from each transaction
4 min read20 Jun 2024SoftBank Fund: All you need to know about Masayoshi Son’s new $100 billion AI venture ’Izanagi’
Codenamed Izanagi, the initiative is intended to compete with the current leader in the AI chip space — Nvidia Corporation. and contribute to the production of essential semiconductors for artificial intelligence applications
3 min read19 Feb 2024SoftBank stock rises on CEO Masayoshi Son’s plan for $100 billion AI chip project
Shares in the Tokyo-based tech investor SoftBank gained as much as 3.2% reports that 66-year-old billionaire CEO Masayoshi Son is seeking funding for a foray into AI chips to compete with Nvidia Corp.
1 min read19 Feb 2024Masayoshi Son’s strategic moves propel SoftBank to expected $373 billion net income
SoftBank Group Corp. is expected to report a net income of ¥373 billion ($2.5 billion) for the three months ended December, thanks to a gain on its stake in T-Mobile USA Inc. and rising valuations for startups in its Vision Fund portfolio.
4 min read7 Feb 2024SoftBank’s Vision Fund: Navigating through Challenges | Mint Primer | Mint
Discover the story of SoftBank’s Vision Fund as it faces challenges and charts a path towards the future. Explore the impact of layoffs, market fluctuations, and the company’s commitment to investing in cutting-edge technologies. Join us for an inside look at this tech investment giant.
27 Jun 2023SoftBank’s Vision Fund loses record $32 billion in FY23 on weak tech valuations
It was the segment’s biggest loss since the Japanese conglomerate’s founder Masayoshi Son launched his first Saudi and Abu Dhabi-backed fund in 2017.
3 min read11 May 2023SoftBank stock rises on CEO Masayoshi Son’s plan for $100 billion AI chip project
Shares in the Tokyo-based tech investor SoftBank gained as much as 3.2% reports that 66-year-old billionaire CEO Masayoshi Son is seeking funding for a foray into AI chips to compete with Nvidia Corp.
1 min read19 Feb 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