Japanese investment giant SoftBank has announced plans to invest up to €75 billion (around $87 billion) to build and expand artificial intelligence-focused data centres in France, marking what the company describes as its largest AI infrastructure investment in Europe.


SoftBank plans €75 billion investment in French AI data centres

Softbank Group said on Wednesday that it will buy Swiss engineering group ABB, a robotics company, in a whopping $5.4 billion deal. 

Japan's SoftBank to buy ABB robotics unit for $5.4 billion

Business & Economy, However, Analysts note that Apple's pledge includes spending that was already planned, raising questions about whether this represents a true expansion.

Tech giants pour billions into US: Apple pledges $500 billion, 20,000 R&D jobs in the next 4 years

Softbank CEO Masayoshi Son has announced a major investment plan, committing 100 billion dollars to US projects over the next four years. The investment, focused on artificial intelligence and related infrastructure, aims to create at least 100,000 jobs. Watch in for more details!

Softbank CEO Mayoshi Son Pledges $100 Billion For US Tech Jobs & AI Growth

Softbank CEO Masayoshi Son has announced a major investment plan, committing 100 billion dollars to US projects over the next four years. The investment, focused on artificial intelligence and related infrastructure, aims to create at least 100,000 jobs.

Softbank CEO Announces $100 Bn Investment in US Over 4 Years

Nvidia said Wednesday (Nov 13) it has secured a partnership with Japanese giant SoftBank Group Corp as the latter plans to build a supercomputer using the American company’s Blackwell design.

After India, Nvidia makes AI push in Japan; to help with SoftBank’s supercomputer plans

A two-day plunge in SoftBank Group Corp. shares erased $2.5 billion from the fortune of founder Masayoshi Son, as the tech investment giant took a hit from the fallout of the unexpected interest-rate hike of the Bank of Japan.

SoftBank's drastic plunge: Masayoshi Son's fortune takes $2.5 billion hit amid market turmoil

IPOs in India continue to flourish. In the latest, Indian e-scooter maker Ola Electric has announced plans to raise $734 million. This marks the country's biggest IPO this year.

Ola Electric's $734 million IPO plan marks the biggest Indian IPO this year

The SoftBank Group, based in Japan, has acquired artificial intelligence chip maker Graphcore for an undisclosed amount, putting an end to the speculations over the future of the company.

Will SoftBank's Graphcore acquisition rewrite the AI chip battle?

Call center employees may find it quite unpleasant to deal with angry consumers, but Japan’s SoftBank Corp. believes it has a solution: software with artificial intelligence that softens the tone of clients’ voices. Watch in for more tech related updates!

Softbank to 'soften' aggressive customer calls with novel AI filter

SoftBank Group reported a $5.2 billion quarterly loss on Thursday, marking its fourth consecutive quarter in the red. According to Reuters, the Japanese conglomerate, led by founder Masayoshi Son, grappled with the aftermath of the WeWork tragedy, once considered one of its most promising investments.

SoftBank faces $5.2 billion quarterly loss amid WeWork woes

Softbank's financial report takes a hit as the company records a $5.2 billion loss for the quarter, marking its fourth consecutive period in the red. WeWork's bankruptcy is a significant contributor to this setback.

WeWork's collapse drains Softbank

WeWork, the SoftBank Group-backed office-sharing start-up that was formerly deemed the most valuable start-up in the United States, filed for bankruptcy protection on November 6.

Flashback Friday: WeWork unravelled – From billion-dollar valuation to bankruptcy 

The embattled flexible workspace provider, WeWork, is reportedly on the verge of filing for bankruptcy in the coming week, as per a Reuters reported. This revelation triggered a sharp decline in the company's stock, with shares plummeting 32 per cent in after-hours trading.

WeWork nears bankruptcy amidst crushing debt and plummeting value

SoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its arm unit. The publication says that SoftBank's founder and chief executive, Masayoshi Son, is looking to invest tens of billions of dollars in AI

SoftBank to invest in Artificial Intelligence

Shares of Softbank's arm holdings made a resounding debut on the Nasdaq, opening 25% above their initial offering price. This surge propelled the chip designer to a staggering valuation of nearly $60 billion.

Softbank's 'arm' holdings Nasdaq debut

SoftBank Vision Growth Fund has sold 10 crore shares of the online food delivery app Zomato through a block auction on Tuesday, August 29. The total transaction value is Rs 940 crore ($113 million), and shares were sold for Rs 94 ($1.

Softbank Vision Growth Fund sells 10 crore Zomato shares in block transaction 

Softbank Group Corp, a prominent player in the tech industry, is reportedly in talks to secure full ownership of arm ltd, a major chip designer. This chip designer has garnered attention for its potential IPO valuation of $60 billion to $70 billion on Nasdaq next month. Softbank, which currently holds 75% of arm, aims to seize control and potentially deliver gains to investors who have weathered previous losses.

Softbank considers full ownership of Arm ltd | World Business Watch

There are signs that the IPO market could heat up again in the US Softbank's arm is in the news. A Reuters report shows the chip maker filed with regulators confidentially for a US stock market listing. That could set the stage for the largest IPO in the US this year.

Softbank's arm registers for US IPO

Major tech investor SoftBank Group is looking at another quarter of bleak results, but for the first time on record, Masayoshi Son is going to miss the earnings call, according to reports. It added that it will be the sole responsibility of the Japanese company’s CFO Yoshimitsu Goto to field investors’ concerns when the company declares its third-quarter results.

World Business Watch: Softbank CEO Masayoshi's son to miss earnings call for first time

The latest sell-off in a string of divestments made by startups focused Softbank, has come from India. Japan's investment bank has sold 4.5% stake in Indian digital payment giant Paytm, for block deals for $200 million. The shares of Paytm owned by billionaire Vijay Shekhar Sharma fell more than 9% on the news of the trade.

Softbank sells 4.5% stake in Paytm, to slow down investments as valuation drops

Plunging startup valuations have led to the SoftBank group suffering a loss of $7.2 billion in the third quarter. The company will also slow down its investments after suffering massive losses.

WION Dispatch: Softbank vision fund posts massive losses

softbank

Softbank, News on Softbank, stories on Softbank, articles on Softbank, Softbank stories at Wion, Softbank news, Softbank latest news