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Softbank

All articles tagged with #softbank

business19 days ago•19 min saved

SoftBank Shares Tank on OpenAI IPO Delay Outlook

SoftBank Group’s stock tumbled about 12% in Tokyo after reports that OpenAI may delay its IPO until next year, clouding a potential windfall for SoftBank’s vast portfolio. An OpenAI listing would provide a transparent valuation for SoftBank’s stake in the ChatGPT-maker and hundreds of startups, potentially reducing the conglomerate discount. OpenAI has filed with the SEC and is working with Goldman Sachs and Morgan Stanley, with some sources suggesting a fall listing, though broader tech-market volatility could dampen investor enthusiasm.

via Yahoo Finance|

#business #ipo #japan

technology25 days ago•5 min saved

Hyundai completes Boston Dynamics takeover, setting Atlas on a factory-floor path

Hyundai Motor Group will pay $325 million to buy SoftBank's remaining 9.65% stake in Boston Dynamics, gaining full ownership and signaling a shift from demos to production. Atlas is slated to begin in Hyundai's Georgia Metaplant by 2028 with sequencing tasks first, expanding to heavier automation by 2030, aided by Hyundai Mobis components; SoftBank pivots toward AI infrastructure via Roze AI, while Boston Dynamics becomes a manufacturing platform within Hyundai's ecosystem.

via Startup Fortune|

#atlas #boston-dynamics #hyundai

business1 month ago•202 min saved

SpaceX IPO Redefines VC Payoffs, Dominating All-Time Top Checks

SpaceX’s historic IPO has vaulted its backers into the top tier of inflation-adjusted venture-capital gains, with multiple funds (Valor Equity Partners, Founders Fund, DFJ Growth, Sequoia, 137 Ventures, and others) posting multibillion-dollar, inflation-adjusted returns. The piece shows SpaceX investors now dominate the 10 biggest VC checks of all time, eclipsing classic bets like eBay via Benchmark; many of these gains remain paper profits due to lock-ups, and Google-backed deals are noted as excluded from the top ten for methodological reasons.

via Forbes|

#business #ipo #softbank

business1 month ago•2 min saved

Masayoshi Son: AI Boom 50x Bigger Than Dot-Com, €75B France AI Infrastructure Plan

SoftBank CEO Masayoshi Son says the AI revolution is about 50 times bigger than the dot-com boom and unveils a €75 billion plan to build AI infrastructure in France, including 5 GW of data-center capacity (with 3.1 GW in Hauts-de-France by 2031) in partnership with Schneider Electric, as the company positions France as Europe’s AI hub while expanding in the US; he also notes that any downturn could present a buying opportunity.

via CNBC|

#ai #business #data-centers

technology1 month 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

business2 months 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

business2 months 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

business2 months 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

business2 months 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

business5 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

business6 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

business6 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

business6 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

business6 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

business6 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