SoftBank says it has secured a $40B bridge loan maturing in 2027 from JPMorgan Chase, Goldman Sachs, and other banks, to fund further investment in OpenAI
SoftBank Group (9984.T) said on Friday it has secured a $40 billion loan through a bridge facility to fund further investments …
SoftBank reports Q3 net profit of ~$1.6B, below est., and Vision Fund posts a ~$2.4B gain, after a ~$4.2B gain in its OpenAI investment helped it offset losses
SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
Sources detail the efforts SoftBank is making to raise the necessary funds as it races to close its $22.5B funding commitment to OpenAI by the end of this year
SoftBank Group (9984.T) is racing to close a $22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes …
Sources: Skild AI, which develops a foundation model for robots, is in talks to raise $1B+ from SoftBank and Nvidia at a ~$14B valuation, up from $4.7B in July
Japan's SoftBank Group (9984.T) and Nvidia (NVDA.O) are in talks to invest in Skild AI, in a more than $1 billion funding round …
SoftBank sold its entire Nvidia stake, or ~32M shares, in October for $5.8B and part of its T-Mobile stake for $9.2B, boosting Q2 profit to $16.2B, above est.
Net profit doubles to $16bn on gains from OpenAI and PayPay holdings — Masayoshi Son's SoftBank Group has sold its entire stake …
Source: SoftBank will invest an initial $7.5B in OpenAI's $40B round, plus $22.5B by 2025's end; other backers include Microsoft, Coatue, Altimeter, and Thrive
Reportedly With a Few Strings Attached Markus Kasanmascheff / WinBuzzer : OpenAI Hits $300 Billion Valuation with SoftBank-Led Tender Deal Robert Lavine / Global Corporate Venturing : SoftBank leads O...
SoftBank posts a surprise Q3 net loss of ~$2.4B on ~$12.04B revenue, vs. $12.1B est., as the Vision Fund, after two profitable quarters, reports a ~$2.04B loss
SoftBank Group posted a surprise quarterly loss Wednesday as investments under its Vision Funds fell into red.
A look at SoftBank-owned PayPay, which holds a two-thirds share of the QR-code payments market in Japan and could be next in the conglomerate's IPO pipeline
- Firm chases gross merchant value growth of over 30% this year — PayPay seen to be next in SoftBank's arsenal of possible IPOs X: @japantimes , @naveenathresh , and @leeminjeong83 X: @japantimes : P...
Source: Apple, Samsung, Nvidia, and Intel plan to invest in Arm's US IPO as soon as shares are listed in September; SoftBank owns 75% of Arm and Vision Fund 25%
SoftBank chip design unit to debut on Nasdaq, market cap seen topping $60bn — SoftBank Group plans to list shares in its chip deign unit …
Arm reports record 2021 revenue, up 35% YoY to $2.7B, due to licensing up 61% YoY to $1.13B and royalties up 20% YoY to $1.54B; 29.2B ARM chips shipped in 2021
SoftBank Group Corp's(9984.T) chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive …