TOKYO & SANTA CLARA, Calif.–(BUSINESS WIRE)– SoftBank Group Corp. (TOKYO: 9984, “SoftBank”) and Intel Corporation (Nasdaq: INTC) today announced their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing in …
Read More »Tag Archives: SoftBank
OpenAI staffers to sell $6 billion in stock to SoftBank, other investors
Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes Thrive Capital, SoftBank Group Corp. and Dragoneer Investment Group, in a deal that values the ChatGPT maker at $500 billion, according to people familiar with the matter. The talks are early and the size of the share sale could still change, said …
Read More »OpenAI staff looking to sell $6 billion in stock to SoftBank, others, source says – Reuters
OpenAI staff looking to sell $6 billion in stock to SoftBank, others, source says ReutersView Full Coverage on Google News Source link
Read More »OpenAI Staffers to Sell $6 Billion in Stock to SoftBank, Other Investors – Bloomberg.com
OpenAI Staffers to Sell $6 Billion in Stock to SoftBank, Other Investors Bloomberg.com OpenAI in talks to sell around $6 billion in stock at roughly $500 billion valuation CNBC OpenAI staffers plan to sell $6B worth of shares to investors: report (SFTBY:Pink Limited Info) Seeking Alpha OpenAI Starts to Look Like Masa’s Savior The Information OpenAI staff looking to sell $6 billion in stock …
Read More »Exclusive: SoftBank selects banks for US IPO of payments app PayPay, sources say – Reuters
Exclusive: SoftBank selects banks for US IPO of payments app PayPay, sources say Reuters Exclusive-SoftBank selects banks for US IPO of payments app PayPay, sources say Yahoo Finance SoftBank selects group of banks to organize IPO for PayPay, Reuters reports TipRanks SoftBank hires banks for US IPO of its payment app PayPay – Reuters Investing.com SoftBank’s PayPay US IPO: A Strategic Play in the …
Read More »SoftBank founder Son makes his biggest bet by staking the future on AI
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence. Son says artificial superintelligence (ASI) …
Read More »SoftBank selects banks for US IPO of payments app PayPay, Reuters reports
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter. The banks …
Read More »Nvidia, AI Bets Lift SoftBank To Profit After Brutal Year-Ago Loss
Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The company reported quarterly net sales of 1.82 trillion Japanese yen ($12.54 billion), up from 1.70 trillion yen ($11.71 billion) a year ago. SoftBank segment net sales grew 8% to 1.66 trillion yen ($11.43 billion). Arm (NASDAQ:ARM) net sales rose 4% to 152.9 billion yen ($1.05 billion). The division incurred a …
Read More »