SoftBank Sells Entire Nvidia Stake for $5.8 Billion to Power Ambitious AI Push
SoftBank Group has sold its entire $5.8 billion Nvidia stake to fund a massive AI investment drive, including projects with ...
The Edge Singapore
SoftBank’s profit surges after boost from soaring AI valuations
SoftBank Group Corp reported a surprise quarterly profit jump after a tech rally boosted the value of its holdings in ...
The Information
SoftBank Explored Takeover Of Chip Firm Marvell, Bloomberg Reports
Japanese conglomerate SoftBank Group explored a potential acquisition of chipmaker Marvell Technology earlier this year, according to a report in Bloomberg. Marvell and Softbank are not in active ...
AI Helps SoftBank Double Profit to $16.6B
SoftBank has been making waves in the investment world and has become one of the most significant financial beneficiaries of the current AI boom. Its Vision Fund reported a gain of ¥3.5 trillion in ...
SoftBank offloads entire stake in Nvidia for $5.8 billion, plans fresh AI bets
SoftBank Group Corp sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by ...
The Information
SoftBank Hunts for Pennies to Meet Its OpenAI Commitment
Would you trade shares in Nvidia for stock in OpenAI? That’s what SoftBank just did, selling $5.8 billion worth of shares in ...
SDxCentral
Arm and SoftBank considering Ampere takeover – report
Arm and its owners SoftBank are reportedly looking to acquire Ampere Computing. According to a report from Bloomberg, “strategic options” are being explored with regards to a proposed takeover.