SoftBank

SoftBank to buy ABB’s robotics business in US$5.4 billion deal
[ad_1] [TOKYO] SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal.The deal marks a...
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
[ad_1] The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022[SAN FRANCISCO] SoftBank Group will lay off nearly 20 per cent of its...
GIC, SoftBank are said to weigh selling stake in fintech VNLife
[ad_1] The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia [HONG KONG] GIC and SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm...
SoftBank, Rakuten tap Japan’s booming retail demand for bonds
[ad_1] SALES of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw buyers looking to protect their savings...
SoftBank to invest US$2 billion in Intel as part of US push
[ad_1] Published Tue, Aug 19, 2025 · 08:35 AM[NEW YORK] SoftBank Group agreed to buy US$2 billion in Intel stock, a move that extends its US investment effort and offers...
Foxconn and SoftBank to make data centre equipment in Ohio for Stargate project
[ad_1] Published Mon, Aug 18, 2025 · 04:28 PM[TAIPEI] Foxconn’s said on Monday (Aug 18) it plans to manufacture data centre equipment with Japan’s SoftBank at the Taiwanese firm’s former...
OpenAI staffers to sell US$6 billion in stock to SoftBank, other investors
[ad_1] [NEW YORK] Current and former OpenAI employees plan to sell approximately US$6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank Group and Dragoneer Investment...
Japan’s Nikkei races to record high, SoftBank leads tech surge
[ad_1] [TOKYO] Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism over trade with the United...
SoftBank shares hit record high on AI prospects
[ad_1] [TOKYO] Shares in SoftBank Group jumped more than 13 per cent to a record high on Friday (Aug 8) in a show of investor support for the Japanese technology...
An AI ‘gold rush.’ What to know about OpenAI’s record $40-billion funding round
[ad_1] SAN FRANCISCO — ChatGPT maker OpenAI this week announced it had raised a whopping $40 billion as it races to dominate a competitive AI landscape against tech giants such as Google...
OpenAI finalizes a record $40-billion funding round
[ad_1] OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from SoftBank Group Corp. and other investors at a...
FTX refunds: Temasek, BlackRock, SoftBank, Sequoia, Tom Brady, Shaquille O’Neal likely beneficiaries
[ad_1] AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading platform’s estate starts paying cash back to...