Softbank sold its Opportunity Fund to Claure and Judge in 2023. Despite his company's losses post-pandemic, Son remained optimistic. On an earnings call in May 2020, Son talked about how the ...

ALBAWABA – SoftBank, the Japanese multinational conglomerate, announced a fund of approximately $40 billion to support OpenAI, the American artificial intelligence (AI) research organization ...

SoftBank’s equity investment in OpenAI could help fund the company's $15 billion commitment to Stargate, according to sources with direct knowledge of the deal. In addition, OpenAI itself is ...

SoftBank has been in search of an opportune moment to enter the lucrative AI hardware market after years of uneven bets on AI startups via the Vision Fund. Son and OpenAI’s Altman first met in ...

a joint venture with companies like SoftBank, Oracle Corp. ORCL, and the UAE’s MGX fund, reported the Wall Street Journal, citing a person familiar with the matter. Stargate plans to invest up ...

President Donald Trump last week unveiled the $500 billion AI infrastructure project, which will fund huge data centers in Texas. OpenAI, SoftBank and Oracle jointly launched the venture.

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data ...

Technology company Softbank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled ...