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, ...
16 Jun, 2026, 06.14 AM IST
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...
15 Jun, 2026, 12.14 AM IST
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...
10 Jun, 2026, 06.21 PM IST
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...
09 Jun, 2026, 06.47 AM IST
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...
21 May, 2026, 09.04 AM IST
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...
14 May, 2026, 08.52 PM IST
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...
14 May, 2026, 06.00 AM IST
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 ...
13 May, 2026, 03.23 PM IST
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...
28 Apr, 2026, 08.02 PM IST
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...
15 Apr, 2026, 06.51 PM IST
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...
09 Apr, 2026, 12.09 PM IST
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...
13 May, 2024, 04.13 PM IST
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...
13 May, 2024, 02.49 PM IST
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...
11 May, 2024, 12.24 PM IST
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.
13 Aug, 2023, 08.30 PM IST
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 ...
13 Jun, 2023, 11.38 AM IST
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...
29 Oct, 2014, 04.58 PM IST