One of OpenAI's biggest new investors explains why it made its $500 million bet
The Japanese conglomerate was part of an investment round that OpenAI unveiled last month that valued the ChatGPT maker at ...
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SoftBank Reports Major Profit Surge with Vision Fund’s Rebound
SoftBank’s Vision Fund division reported significant gains of 608.5 billion yen ($3.96 billion) in its fiscal second quarter, ...
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.
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SoftBank’s Vision Fund co-CEO Rajeev Misra to step down, The Information reports
SoftBank’s Vision Fund co-CEO Rajeev Misra will step down from his leadership roles, with co-CEO Alex Clavel becoming sole CEO of the startup fund upon his departure, The Information’s Rocket Drew ...
SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its ...