Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B
More banks are being invited to join SoftBank Group Corp.'s $40 billion loan backing its investment in US tech giant OpenAI …
Sources: SoftBank is seeking a bridge loan of up to $40B, its largest-ever borrowing denominated solely in dollars, to help finance its investment in OpenAI
SoftBank Group Corp. is seeking a loan of as much as $40 billion to mostly help finance its investment in US tech giant OpenAI …
SoftBank reports Vision Fund lost ~$2B in Q4, down from ~$16B in Q4 2022, leading to a ~$32B full-year loss; investments for the year to March fell to ~$3B
SoftBank Group Corp. lost money in its Vision Fund investment unit again despite a rebound in tech stocks, as the Japanese conglomerate …
Masayoshi Son owes SoftBank ~$5.1B on side deals he set up to boost his compensation, as his unrealized losses grew ~$400M from three months before
Masayoshi Son is now personally on the hook for about $5.1 billion on side deals he set up at SoftBank Group Corp. to boost his compensation … Tweets: @pelstrom , @pelstrom , and @iamsamirarora Tweets...
Sources: SoftBank begins laying off Vision Fund employees, with cuts expected to impact over 150 people, or 30%+ of its staff, following a record $23B loss
SoftBank Group Corp. has started laying off employees at its loss-making Vision Fund and is expected to cut at least 30% of its staff …
SoftBank reports a ~$17.23B loss for Vision Fund in Q1, as the value of its tech portfolio fell, including SenseTime and Uber, following a record Q4 loss
SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid. Source: SoftBank Grou...
SoftBank Vision Fund records $17.7B loss in the last fiscal year after writing down investments including WeWork and Uber, reports a net loss of $8.96B
SoftBank Group Corp. said its Vision Fund business lost 1.9 trillion yen ($17.7 billion) last fiscal year after writing down the value of investments …
Source: DoorDash is raising $100M at a ~$13B valuation from T. Rowe Price Group and others
DoorDash Inc.'s $2 billion war chest is getting even bigger. The food delivery startup, backed by the likes of SoftBank Group Corp. and Sequoia Capital, is receiving a new cash infusion of $100 milli...
SoftBank reports a loss of $6.5B, its first quarterly operating loss in 14 years, and a loss of $8.9B in the Vision Fund, including a charge of $4.6B for WeWork
SoftBank Group Corp. reported its first quarterly operating loss in 14 years after writing down the value of some of its marquee investments …
SoftBank reports Q2 profits of $6.2B, more than half of which came from Vision Fund investments as Masayoshi Son says fund will continue to invest Saudi money
SoftBank Group Corp. founder Masayoshi Son is starting to see the benefits of his enormous technology investments …