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Softbank

All articles tagged with #softbank

technology4 hours ago•5 min saved

SoftBank bets €75bn on France to spark Europe’s AI infrastructure hub

SoftBank has pledged up to €75bn to build a Europe‑largest network of AI computing clusters in France, starting with 3.1GW in Hauts‑de‑France by 2031 and a second 2GW phase, anchored by a Dunkirk facility with Schneider Electric. A full 5GW complex would cost about €75bn and be financed mainly through debt-based project finance, marking the center of Masayoshi Son’s AI infra push alongside OpenAI investments. The plan aims to position France as Europe’s AI infrastructure hub as Macron promotes Choose France, even as Europe lags the US and China in data‑centre development.

via Financial Times|

#ai-infrastructure #artificial-intelligence #france

business17 days ago•80 min saved

SoftBank rides OpenAI windfall to $12B profit leap

SoftBank Group reported a more-than-threefold rise in profit to $12 billion, driven by gains from its stake in OpenAI, underscoring the financial impact of its AI investments.

via Yahoo Finance|

#ai #business #investments

business17 days ago•4 min saved

SoftBank rides OpenAI surge to record profits

SoftBank posts Q4 net income of ¥1.8tn ($11.6bn), well ahead of forecasts, helped by a $25bn gain in the value of its OpenAI stake; that pushes full-year profit to about ¥5tn as Vision Funds’ AI investments record large gains, with OpenAI-related profits totaling roughly $45bn to date and total SoftBank exposure to around $64.6bn.

via Financial Times|

#artificial-intelligence #business #financial-results

business17 days ago•2 min saved

SoftBank's Vision Fund Soars on OpenAI Bet, Posts $46 Billion Gain

SoftBank reported a $46 billion yearly gain for its Vision Fund, driven mainly by a surge in the value of its OpenAI stake after investing more than $30 billion in the AI lab. In the latest quarter, nearly all gains came from OpenAI while other holdings like Coupang, DiDi Global and Klarna posted losses. The move has drawn attention to debt and concentration risk, with S&P turning negative on SoftBank’s outlook, though the group remains cash-rich and posted overall annual profit aided by the Vision Fund and telecoms. SoftBank has been selling stakes to fund the OpenAI bet and has invested significantly in securing OpenAI’s future growth.

via CNBC|

#ai-investments #business #openai

business23 days ago•2 min saved

SoftBank Sparks AI Rally as Nikkei Hits Fresh Record

SoftBank shares surged as Japan's Nikkei 225 climbed to a record high on an AI‑fueled tech rally, with Advantest, Tokyo Electron, and Renesas Electronics among the top gainers as investors priced in stronger demand for AI infrastructure and data-center applications.

via CNBC|

#advantest #ai #business

business3 months ago•1 min saved

Nikkei 225 Climbs to Fresh High as Takaichi Rally Lifts Asian Markets

Japan’s Nikkei 225 closed at a new high, up 2.28% to 57,650.54 as the post-election ‘Takaichi trade’ fuels gains, with Topix at a record; SoftBank jumped after its forecast upgrade, while Korea’s Kospi rose and Hong Kong’s Hang Seng and China’s CSI 300 posted gains. Australia’s ASX 200 was flat, and U.S. tech-led gains supported sentiment overseas.

via CNBC|

#asia-markets #business #nikkei-225

business4 months ago•1 min saved

OpenAI and SoftBank Invest $1 Billion in SB Energy for AI and Energy Expansion

OpenAI and SoftBank are planning to invest $1 billion in a company that supplies energy and data centers, aiming to enhance infrastructure for digital and AI technologies.

via Financial Times|

#business #data-centers #energy

business4 months ago•1 min saved

OpenAI and SoftBank Invest $1 Billion in SB Energy and Stargate Expansion

OpenAI and SoftBank are investing $1 billion in SB Energy to expand AI data center infrastructure for the Stargate initiative, including building a large data center in Texas and deploying AI tools for SB Energy employees, as part of a broader push to support AI growth through significant energy infrastructure investments.

via Reuters|

#ai-data-centers #business #openai

business4 months ago•2 min saved

OpenAI and SoftBank Invest $1 Billion in SB Energy

OpenAI and SoftBank are investing $1 billion in SB Energy to support the expansion of AI infrastructure, including building a large data center in Texas, as part of a broader strategic partnership and the Stargate initiative aimed at scaling AI capabilities and infrastructure development.

via CNBC|

#ai-infrastructure #business #data-centers

business5 months ago•1 min saved

SoftBank invests $41 billion in OpenAI, boosting AI commitment

SoftBank has completed a $41 billion investment in OpenAI, acquiring about 11% stake, as part of its broader strategy to capitalize on the booming AI industry, with recent investments and infrastructure projects supporting next-generation AI development.

via Yahoo Finance|

#ai #business #chatgpt

business5 months ago•2 min saved

SoftBank to Boost AI Focus with $4 Billion DigitalBridge Acquisition

SoftBank is acquiring DigitalBridge in a $4 billion deal to bolster its AI infrastructure investments, aiming to develop next-generation AI data centers and advance its vision of Artificial Super Intelligence, with DigitalBridge continuing to operate as a separate platform.

via Investor's Business Daily|

#acquisition #ai-investments #business

business5 months ago•1 min saved

SoftBank to Acquire DigitalBridge for $4 Billion to Boost AI Infrastructure

SoftBank is acquiring DigitalBridge for $4 billion to strengthen its AI-related portfolio and expand its digital infrastructure investments, aiming to capitalize on the growing demand for AI computing capacity.

via The Guardian|

#acquisition #ai #business

business5 months ago•1 min saved

SoftBank invests $4 billion in DigitalBridge to boost AI infrastructure

SoftBank has announced a $4 billion deal with DigitalBridge to develop AI data centres, highlighting a significant investment in AI infrastructure.

via Financial Times|

#ai #business #data-centre

business5 months ago•3 min saved

SoftBank to Acquire DigitalBridge for $4 Billion to Boost AI Infrastructure

SoftBank is acquiring DigitalBridge for about $4 billion to expand its investments in digital infrastructure and AI-related data centers, aiming to capitalize on the booming demand for digital capacity driven by AI advancements.

via Bloomberg.com|

#ai-infrastructure #business #data-centers

business5 months ago•0 min saved

SoftBank Nears Acquisition of DigitalBridge in Major Data Center Deal

Shares of DigitalBridge soared up to 50% in premarket trading after reports indicated that SoftBank is in advanced negotiations to acquire the company, potentially announcing a deal soon.

via CNBC|

#acquisition #business #digitalbridge