SoftBank offloads $5.8B stake in Nvidia to free up cash for OpenAI investment
SoftBank Group Corp. has sold its entire remaining stake in Nvidia Corp. in order to raise funds for its promised $22.5 ...
SDxCentral
SoftBank to acquire data center Arm chip company Ampere Computing for $6.5bn
SoftBank plans to acquire Ampere Computing for $6.5 billion. Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name, while lead investors Carlyle and Oracle ...
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 ...
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 ...
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.
Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion
Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.