Softbank Posts Unexpected Loss, Announces $3.4 Billion Buybackby Mark Eisenberg 07.08.2024Softbank logs Q1 loss of 174.28 billion yen, missing profit forecasts. The tech giant announces a $3.4 billion share buyback ...
SoftBank CEO Eyes AI Superiority; Needs Partners, Huge Fundsby Mark Eisenberg 21.06.2024SoftBank CEO Masayoshi Son plans to create AI super intelligence 10,000 times more capable than humans, focusing on robotics and ...
SoftBank’s Izanagi Chip Venture: $100B AI Leapby Lilu Anderson 19.02.2024SoftBank founder Masayoshi Son seeks $100 billion for AI chip venture Izanagi, aiming to compete with Nvidia. The project could ...
Tech Billionaires: AI Surge Challenges Sustainabilityby Lilu Anderson 15.02.2024Artificial intelligence (AI) has become a lucrative industry for the world's wealthiest individuals, driving wealth accumulation and transforming financial landscapes. ...
SoftBank Considers Buyout of Vision Fund’s Arm Stakeby Mark Eisenberg 14.08.2023SoftBank is reportedly in talks to acquire the remaining stake in Arm Ltd from Vision Fund 1, potentially delivering a ...