SoftBank Group Corp. tumbled to a loss in the December quarter, weighed down by a drop in the value of the Vision Fund’s ...

TOKYO: Japanese technology investor SoftBank Group booked a surprising net loss of ¥369.2 billion (US$2.4 billion) in the ...

The result will further raise questions about how SoftBank will fund one of its most ambitious undertakings - a hefty investment in OpenAI.Cash and cash equivalents dropped to 4.7 trillion yen ($30.6 ...

SoftBank Group has reported a massive third-quarter loss of ¥369.165 billion (nearly $2.4 billion) for the fiscal year 2024. The dismal financial performance of the Masayoshi Son-led investment ...

SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.

OpenAI CEO Sam Altman gave an unequivocal answer at a conference in Paris today when asked whether his company was for sale following a surprise $97.4 billion bid by an Elon Musk-led investor group.

The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion) for the fiscal third quarter amid volatility in ...

SoftBank was hit by a ¥352.7bn loss in its tech-heavy investment vehicles, the Vision Funds, following two successive quarters of gains.

Musk, who co-founded OpenAI as a non-profit organisation, argues that the company should return to its original mission.

Softbank’s Masayoshi Son unveiled the Stargate AI venture alongside OpenAI and US President Donald Trump last month ...

The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history. Here's how it all ...