SoftBank Invests $500M in OpenAI Amid $150B Valuationby Mark Eisenberg 30.09.2024SoftBank invests $500M in OpenAI as it seeks $6.5B funding, aiming for $150B valuation. Changes ahead for AI company structure.
Middle Eastern Funds Fuel AI Startups Boomby Lilu Anderson 23.09.2024Middle Eastern sovereign funds boost investments in AI, diversifying economies and reshaping Silicon Valley dynamics.
Asian Chip Stocks Surge Amid AI Optimismby Mark Eisenberg 12.09.2024Asian chip stocks rise, tracking Nvidia surge on AI-driven demand insights by CEO Jensen Huang. TSMC, SK Hynix among gainers.
Klarna Plans US Share Sale Pre-IPO at $20B Valueby Mark Eisenberg 06.09.2024Klarna eyes US share sale before IPO, valued at $20B, backed by Sequoia and Softbank.
Dennis Chang Takes Lead at SoftBank Asia Investmentsby Mark Eisenberg 19.08.2024Dennis Chang appointed to head SoftBank's Asia investments, excluding India and Japan, focusing on strategic growth.
Japan’s Tokyo Metro IPO Set for Major Launchby Mark Eisenberg 19.08.2024Tokyo Metro's IPO may raise $4.7 billion, marking Japan's biggest in six years, with half the company set for sale.
Former Disney Exec Joins Consensys as CFOby John Darbie 18.08.2024Dan Odell, ex-Disney executive, now CFO at Consensys, aims to enhance financial strategies amidst recent SEC lawsuit.
SoftBank Reports Record Revenue, Optimistic on AIby Mark Eisenberg 15.08.2024SoftBank Corp. hits record revenue, highlights AI focus and PayPay's profitability in Q1 2024. Challenges include network issues.
SoftBank Steers Confidently Amid Market Unrestby Mark Eisenberg 15.08.2024SoftBank focuses on AI growth with stable finances despite decreased net asset value and market volatility.
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 ...