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.
SoftBank books $7.7 billion quarterly gain as Vision Fund finds its feet again
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
Behind SoftBank’s $7.7 Billion Profit: Help From T-Mobile
Global tech investor SoftBank posted a $7.7 billion profit in the third quarter, its largest in two years by far. Aiding results: a run-up in shares from an old investment in T-Mobile that long provid
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 Vision Fund investments.
SoftBank swings back to quarterly profit with $7.7 billion gain
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
SoftBank Turns To Profit In H1 On Investment Gain, Higher Sales
SoftBank Group Corp. (SFTBY.PK, SFTBF.PK) reported Tuesday that its first-half net income attributable to owners of the parent was
SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
British online bank Zopa is on track to double pre-tax profits and increase revenue by more a third in 2024, CEO Jaidev ...
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO Masayoshi Son regretted ...
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SoftBank unit to build supercomputer with Nvidia Blackwell chips
At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive ...
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SoftBank first to receive new Nvidia chips for supercomputer
TOKYO (Reuters) -SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for ...
SoftBank Plans Supercomputer With Nvidia Blackwell Chips
SoftBank Group Corp. will be the first Nvidia Corp. customer to build a supercomputer based on the chipmaker’s new Blackwell ...
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SoftBank Is In Profit Once Again Thanks To Indian IPOs: What's Next For Masayoshi Son?
SoftBank Group SFTBF SFTBY has made a significant financial turnaround, reporting a profit of $7.8 billion in its latest ...
SoftBank Vision Fund co-CEO Misra to leave firm
SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the firm's flagship ...
Softbank plans to build first Nvidia Blackwell-based AI supercomputer using x86 DGX B200 servers
SoftBank's s telecom arm will build an AI supercomputer based on Nvidia's DGX B200 servers, featuring x86 processors and ...
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SoftBank Corp. Develops Orchestrator for AI and vRAN Integration
SoftBank Corp. developed an orchestrator that enables AI applications and virtualized Radio Access Network (vRAN) ...