Culture
SoftBank stops talks to buy data centre firm Switch
O] SoftBank Group has halted talks about an acquisition of US data centre operator Switch, a setback to founder Masayoshi Son’s ambition…
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SoftBank
Culture
OpenAI, SoftBank invest US$1 billion in SB Energy as Stargate buildout expands
The data centre construction boom has also prompted major players, including Meta Platforms OpenAI and SoftBank Group will invest US$500…
Culture
SoftBank has completed its US$40 billion investment in OpenAI
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related…
Culture
SoftBank to buy DigitalBridge in US$4 billion deal to bolster AI infrastructure push
The investment firm funds digital infrastructure sectors such as data centres, cell towers, fibre networks and others SoftBank will…
Culture
SoftBank races to fulfil US$22.5 billion funding commitment to OpenAI by year-end: sources
SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes,…
Culture
SoftBank eyes data centre group Switch as Son hunts for AI
Acquiring Switch would allow SoftBank to own a large portfolio of data centres outright SOFTBANK Group is studying potential acquisitions…
Culture
SoftBank said to have weighed potential takeover of Marvell
The Japanese conglomerate’s push into the space has gone beyond pure mergers and acquisitions. SoftBank Group explored a potential…
Culture
SoftBank to buy ABB’s robotics arm in US$5.4 billion deal
SoftBank Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost US$5.4 billion, reflecting the Japanese…
Culture
SoftBank to buy ABB’s robotics business in US$5.4 billion deal
SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion…
Culture
GIC, SoftBank are said to weigh selling stake in fintech VNLife
The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia GIC and SoftBank Vision Fund are considering…
Culture
SoftBank, Rakuten tap Japan’s booming retail demand for bonds
SALES of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw…
Culture
Foxconn and SoftBank to make data centre equipment in Ohio for Stargate project
Foxconn’s said on Monday (Aug 18) it plans to manufacture data centre equipment with Japan’s SoftBank at the Taiwanese firm’s former…
Culture
Japan's Nikkei races to record high, SoftBank leads tech surge
Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism…
Culture
SoftBank shares hit record high on AI prospects
Shares in SoftBank Group jumped more than 13 per cent to a record high on Friday (Aug 8) in a show of investor support for the Japanese…
Culture
SoftBank explores debt-heavy financing for US$500 billion AI push
A FEW weeks ago, SoftBank Group founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an…
Culture
SoftBank nears deal to acquire chip designer Ampere
SOFTBANK Group is in advanced talks to acquire Ampere Computing, sources familiar with the matter said. The Japanese company is discussing…
Culture
SoftBank, OpenAI unveil Japan AI joint venture
SoftBank Group CEO Masayoshi Son said on Monday (Feb 3) he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to…
News
SoftBank in Talks to Invest Up to $25 Billion in OpenAI
OpenAI, the San Francisco artificial intelligence company that has been on a yearslong money-raising frenzy, is in talks with the Japanese…
Fashion
SoftBank, OpenAI plan US$19 billion each for Stargate: report - The Business Times
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI)…
Fashion
OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward…
Culture
OpenAI allows employees to sell US$1.5 billion stock to SoftBank: sources
CHATGPT-owner OpenAI is allowing its employees to sell roughly US$1.5 billion worth of shares in a new tender offer to Japan’s SoftBank…