Reuters

China's Didi, SoftBank target Japan in taxi-hailing push

SHANGHAI/TOKYO (Reuters) - China's Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the ...
Reuters

SoftBank's Vision Fund to invest $1 billion in China AI startup - Bloomberg

(Reuters) - SoftBank Group Corp's Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday. The fund ...
Benzinga.com

OpenAI’s New Guardrails And Alliance With DOE

In a bid to secure its technological and social license, OpenAI, led by Sam Altman, has formalized a research alliance with the U.S. Department of Energy (DOE) and revamped safety protocols for minors ...
Bloomberg L.P.

SoftBank Profit Doubles After ByteDance, Didi Values Surge

SoftBank Group Corp.’s profit soared 124% after valuations of tech startups like ByteDance Ltd. rose, in a boost for the Japanese company’s aggressive data center investment plans. SoftBank, which on ...
Seeking Alpha

SoftBank Group Earnings: All-In On AI, But At What Cost?

SoftBank's fiscal year 2024 earnings were positive for the first time in four years. Concerns arise over SoftBank's $40 billion investment in OpenAI, valuing the startup at ~$300 billion, and the high ...
Business Wire

SoftBank Group to Acquire DigitalBridge for $4 Billion to Scale Next-Gen AI Infrastructure

TOKYO & BOCA RATON, Fla.--(BUSINESS WIRE)--SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it has entered into a definitive agreement to acquire DigitalBridge Group, Inc. (NYSE ...