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SOFTBANK ARM INVESTMENT
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...- WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
- SoftBank launches cybersecurity product based on OpenAI modelsThe "Patching as a Service" product will be rolled out in Japan through a joint venture established last November between SoftBank's dome...
- SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
- Tech denial’s come home: The Anthropic shock is India’s wake-up callThe US government has restricted access to advanced AI models, impacting even its own engineers. This action highlights conditional trust f...
- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOsSoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are pr...
- Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...
- ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
- SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
- US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
- SoftBank lenders ask more banks to join $40 billion OpenAI loanSoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...
- Arm CEO Haas in line to lead much of parent SoftBank's international business: ReportArm's CEO, Rene Haas, is set to head a significant portion of SoftBank's international operations. This move is aimed at bolstering SoftBan...
- SoftBank swings to Q4 profit of $2.1 billionSoftBank Group reported a 328.9 billion yen net profit, despite Vision Fund's 57.5 billion yen loss. Improved from last year due to capital...
- SoftBank Q4 Results: Co swings to profit, eyes on Arm unitTechnology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on Monday, as the Japanese gia...
- SoftBank seen returning to loss in Q4 despite tech stock strengthSoftBank Group anticipates losses despite Arm Holdings' success, with potential new growth investments. The soaring Arm share price, driven...
- SoftBank in talks to buy Vision Fund’s 25% stake in ArmThe discussions come as Softbank is preparing to list the chip designer on Nasdaq next month at a valuation of $60 billion to $70 billion.
- SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...
- Meet the crack team of Japanese conglomerate SoftBankKey people in Bharti SoftBank are Atsushi Taira and Mike Kayamori, latter believed to have played a critical role in structuring Snapdeal i...
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