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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 ...
Global Markets | Japan's Nikkei pulls back from record high as SoftBank Group fallsTechnology investor SoftBank Group fell 4.56% to drag the Nikkei lower the most after the U.S.-listed shares of Arm Holdings tumbled overn...
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...
Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
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...
Arm chief Rene Haas in line to lead much of SoftBank's international business: FTRene Haas may expand his role within SoftBank Group while continuing to lead Arm, overseeing more international business operations, accord...
SoftBank books another quarterly loss; takes major hit due to WeWork bankruptcyIts Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billio...
SoftBank's Arm in talks with big clients about investing in IPO: reportSoftBank Group Corp's Arm is in talks with some of its biggest customers and end users about bringing on one or more anchor investors in th...
SoftBank's Arm aims to raise at least $8 billion in US IPOSoftBank has picked four investment banks to lead what is expected to be the most high-profile stock market flotation in recent years.
SoftBank's Arm to pursue US-only listing this yearArm did not completely rule out an eventual London listing, saying it intended to consider a subsequent initial public offering there in du...
Goldman Sachs poised to lead US IPO of SoftBank's ArmSoftBank took Arm, whose technology powers Apple's iPhone and nearly all other smartphones, private in 2016 for $32 billion.