SoftBank’s Masayashi Son ‘cried’ about Nvidia stake sale to fund AI betsSoftBank founder Masayoshi Son expressed regret over selling Nvidia shares, stating the capital was needed for significant AI investments, ...
01 Dec, 2025, 07.36 PM IST
SoftBank sells entire Nvidia stake for $5.8 billion in surprise moveSoftBank sold its Nvidia stake for $5.8 billion, contributing to a surprise ¥2.5 trillion net income. The company is aggressively investing...
11 Nov, 2025, 12.58 PM IST
ABB to sell robots business to SoftBank in $5.38 billion dealSoftBank Group is acquiring ABB's robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank founder Ma...
08 Oct, 2025, 04.16 PM IST
Even after strongest quarterly performance since June 2021, SoftBank to layoff 20% of its Vision Fund teamSoftBank Vision Fund layoffs 2025: SoftBank Group is reducing its Vision Fund workforce by 20%. This decision comes after the fund reported...
19 Sep, 2025, 06.01 PM IST
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo saySoftBank Group is set to reduce its Vision Fund team by nearly 20% globally, redirecting resources towards Masayoshi Son's ambitious AI ven...
19 Sep, 2025, 08.10 AM IST
SoftBank builds Nvidia, TSMC stakes under Masayoshi Son’s focus on AI gearAt the heart of SoftBank’s AI ambitions is chip designer Arm Holdings Plc. Son is gradually building a portfolio around the Cambridge, UK-b...
05 Aug, 2025, 11.11 AM IST
Masayoshi Son hints at succession plan while chasing AI ambitionSon said he plans to hold SoftBank’s reins another ten years, but added he has several candidates for its next chief in mind from within th...
28 Jun, 2025, 11.57 AM IST
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffersNew venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such a...
12 May, 2025, 09.53 AM IST
Nintendo faces trade war test with Switch 2 launchNintendo is launching Switch 2 on June 5, eight years after the original. The company faces trade war challenges, including tariffs. These ...
21 Apr, 2025, 01.46 PM IST
Renault to fully acquire Nissan’s stake in India JV, take full control of operationsRenault will acquire Nissan's 51% stake in their joint venture, RNAIPL, making it a wholly-owned subsidiary. Nissan will continue to use th...
31 Mar, 2025, 07.16 PM IST
SoftBank to acquire US semiconductor firm Ampere for $6.5 billionSoftBank Group has reached a $6.5 billion deal to acquire US semiconductor firm Ampere, specialising in high-performance AI chips. The acqu...
20 Mar, 2025, 05.47 PM IST
ETtech Explainer: All you need to know about Google's Axion data centre processorsGoogle Cloud introduces Axion, a custom Arm-based CPU, to enhance data centre AI capabilities, competing with AWS and Microsoft. Axion targ...
11 Apr, 2024, 04.05 PM IST
Oracle spends more than $100 million on Ampere chipsAmpere builds custom server chips based on Arm technology that compete with designs produced by Intel and AMD, which use X86. Oracle has in...
23 Sep, 2023, 08.40 AM IST
Intel says new 'Sierra Forest' chip to more than double power efficiencyIntel on Monday said a new data center chip coming out next year will handle more than double the amount of computing work that can be done...
29 Aug, 2023, 09.22 AM IST
Nissan seals Renault deal, now faces hard yards in ChinaThe agreement now frees up both companies to focus on the more pressing problem of navigating the fast-changing industry landscape. For Nis...
27 Jul, 2023, 12.33 AM IST
Oracle spending 'billions' on Nvidia chips this year: Chairman Larry EllisonOracle is buying huge numbers of graphics processing units (GPUs) designed to crunch that data for AI work.
29 Jun, 2023, 09.09 AM IST
Forum Synergies and Axon Capital to invest Rs 20 crore in electric bike company AmpereForum Synergies & Axon Capital will invest in Annamalai’s four-year-old electric bike company Ampere, for a minority stake.
15 Jul, 2013, 03.02 PM IST