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Category Softbank

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SoftBank feels the DeepSeek effect as low-cost AI fuels investor pessimism around $500B Stargate project

SoftBank feels the DeepSeek effect as low-cost AI fuels investor pessimism around $500B Stargate project

While market sentiments among SoftBank investors remain pessimistic due to the emergence of more low-cost alternatives from China, there is still h...
Feb, 14, 2025
2 min read
by CryptoPolitan
SoftBank reports $2.4 billion loss as it prepares for major AI investments

SoftBank reports $2.4 billion loss as it prepares for major AI investments

SoftBank just took a $2.4 billion hit in its fiscal third quarter, sinking into losses as the Japanese tech giant prepares to throw billions into A...
Feb, 12, 2025
2 min read
by CryptoPolitan
SoftBank reported to invest another $40b in OpenAI, becoming its largest investor

SoftBank reported to invest another $40b in OpenAI, becoming its largest investor

Japan’s SoftBank will invest $40 billion in OpenAI, according to press reports. The deal is the second between the partners in one week and is base...
Feb, 07, 2025
2 min read
by CryptoPolitan
Japan PM meets with Altman, Softbank CEO — Plans to increase AI cooperation with Trump

Japan PM meets with Altman, Softbank CEO — Plans to increase AI cooperation with Trump

Japanese Prime Minister Shigeru Ishiba met with Sam Altman of OpenAI and Masayoshi Son of Softbank in Tokyo on Monday, and discussed artificial int...
Feb, 04, 2025
2 min read
by CryptoPolitan
SoftBank could invest up to $25 billion in OpenAI

SoftBank could invest up to $25 billion in OpenAI

The Japanese corporation SoftBank Group has shown interest in investing as much as $25 billion in OpenAI, which would make it the organization’s bi...
Jan, 30, 2025
1 min read
by CryptoPolitan