“SoftBank has well under $10B secured. I have that on good authority.” The nonprofit is removing some of its restrictions as it aims to operate more like a startup, which it has said will req ...
SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company’s biggest backer, CNBC has ...
SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI at a ...
Microsoft has contributed about $13 billion, and SoftBank got its slice of the AI cake by spending $2 billion. Meanwhile, Sam Altman continues working to transition OpenAI into a fully for-profit ...
Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft ...
Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period.
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, ...
SoftBank would hold a smaller stake in OpenAI’s for-profit division compared to Microsoft, due to the latter's earlier investments, the report noted Why It Matters: Last year, OpenAI’s ...
SoftBank is in talks to invest as much as $25bn ... OpenAI’s board is also in the midst of complex negotiations to become a for-profit company, in a switch designed to allow OpenAI to raise ...
In November 2024, SoftBank reported quarterly profit of 1.18 trillion yen, or $7.7 billion at the time. It was the firm's biggest profit in two years; revenue was boosted by Son's big bets on AI.
EFishery board are investigating the startup’s sales and profit numbers. The Indonesian firm has raised hundreds of millions ...