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SoftBank Finally Wipes Out $14B WeWork Losses As It Posts $6.6B Profit Riding On Tech Rebound And T-Mobile Shares
In a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five.
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SoftBank's investment strategy is under fire amid WeWork's bungled IPO. Here's who is in charge at the world's largest tech investor.
Since then he has helped oversee high-profile investments in several major tech startups including WeWork, and become the public face of the Vision Fund. Ron Fisher, vice chairman, SoftBank ...
OpenAI’s Sam Altman and SoftBank’s Masayoshi Son Are AI’s New Power Couple
In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...
OpenAI in talks to raise up to $40B that would value ChatGPT owner at $340B: report
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Transcript: SoftBank wants a piece of the AI pie
SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer.
OpenAI Asking for Tens of Billions in New Investment to "Fund Its Money-Losing business Operations"
After getting epically roasted by the AI industry, OpenAI is seemingly refusing to reevaluate its approach, asking investors ...
DeepSeek and Masa Son have lessons for Stargate
US tech giants are in panic mode as Chinese AI lab DeepSeek's latest model surpasses OpenAI’s ChatGPT on Apple’s US App Store ...
Meet Masayoshi Son, the billionaire SoftBank founder helping fund the Stargate AI joint venture
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.