Searched for
SOFTBANK CORP FUNDING
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
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...
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 ...
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...
SoftBank secures $40 billion loan to fund further OpenAI investmentThe facility, which matures in March 2027, was arranged with lenders including JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsu...
OpenAI set to raise about $10 billion from MGX, Coatue, ThriveOpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backe...
SoftBank Corp to raise $800 million via bond-type class sharesThe Japanese telecommunications arm of tech investment giant SoftBank Group first announced the issuance in May, saying the shares would be...
SoftBank managing partners Yanni Pipilis, Munish Varma to join Rajeev Misra-led firmPipilis was CEO of a special purpose acquisition company, SVF Investment Corp. 3, which merged with warehouse automation specialist Symbiot...
SoftBank Corp raises $870 million using Z Holding sharesSoftBank is using about 361,440,000 shares, or 4.8%, of Z Holdings that it indirectly owns through A Holdings Corp. for stock lending
Officials revive talks to take SoftBank private: ReportSoftBank Group Corp executives are reviving discussions about taking the technology company private, the Financial Times reported, citing p...
SoftBank gives up pretending it isn't a fundWith the Vision Fund’s $98.6 billion almost fully invested, there’s not much left to be done hunting for unicorns and handing out fat check...
SoftBank hands new roles to two Vision Fund managing partnersThe executive reshuffle signals a heightened focus on SoftBank’s senior ranks in a period of turbulence for the Japanese conglomerate.
SoftBank CEO faces tougher questions in US after market plungeThe Vision Fund is recovering from a series of stumbles. WeWork’s plan to go public last year imploded, forcing SoftBank to arrange a rescu...
SoftBank's latest fund wheeze sets off new alarmsSoftBank’s core competence is in a specific sector, technology, and a specific category, late-stage venture capital. It needs to be crystal...
SoftBank's Son seeks to close valuation gap with share buybackMasayoshi Son has been converting SoftBank Group into a technology investment firm.
SoftBank's Vision Fund raises $93 billion in its first closeMore than $93 billion has been secured from backers led by the Japanese company and Saudi Arabia’s Public Investment Fund, SoftBank said in...