Softbank Vision Fund News

AI

SoftBank 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 2024
Companies

SoftBank 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 2024
Companies

Masayoshi 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 2024
Videos

SoftBank'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 2023
News

SoftBank'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 2023

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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

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