Japan's SoftBank Group books 1st annual profit in 4 years
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SoftBank Group Corp. said Tuesday it swung back to profitability in fiscal 2024 for the first time in four years with a net profit of
SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the future of AI technology.
Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen ($184.4 million) on Tuesday as early-stage tech startups fell out of favour and losses widened at major portfolio firms.
SoftBank Group posts a ¥517 bn ($3.5 bn) net profit in Q4 FY25—beating forecasts—driven by T-Mobile US performance and a ¥940 bn Vision Fund 1 gain, offset partly by a ¥526 bn loss at Vision Fund 2
SoftBank Group Corp. supports OpenAI’s latest plan to turn its for-profit division into a public benefit corporation, even if the overall business remains under the control of its nonprofit.
OpenAI and SoftBank's plans to invest $100 billion in artificial intelligence infrastructure in the U.S. have slowed
Now we would like to start the SoftBank Group Corp. earnings results announcement for the fiscal year ended March 31, 2025. First of all, I would like to introduce today's participants. From left, we have Yoshimitsu Goto,
The PayPay smartphone payment service operated by a SoftBank affiliate will be made available in Sumitomo Mitsui Banking's Olive app under the partnership.
The Japanese firm led Masayoshi Son is going all in on AI. Its bets on the technology could have a lasting impact on its billionaire founder's legacy.