SoftBank Sells Entire $5.8 Bn Nvidia Stake to Fund Massive $30 Bn OpenAI Bet
SoftBank sold a $5.8 billion Nvidia stake to bankroll a $30 billion push into OpenAI - the shock moved shares down as much as 10% and reignited the AI valuation debate.
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Nvidia and Softbank Pilot World’s First AI-backed 5G Telecom Network
Nvidia, the renowned American chipmaker and Japanese Softbank Corp have piloted world's first artificial intelligence and 5G telecoms network.
Paytm Crisis – Softbank Sells Remaining Paytm Stake, Incurs $150 Mn Loss
Japanese Softbank Vision Fund has exited from the Indian fintech major Paytm, with a loss of approximately $150 million.
SoftBank-backed WeWork seeks bankruptcy protection under U.S. Bankruptcy Code
U.S. headquartered, SoftBank-backed startup WeWork, once the coworking giant has sought U.S. bankruptcy protection on Monday.
Softbank teams up with Goldman Sachs for the second $100 Billion Raise
SoftBank Group Corp. is working with Goldman Sachs Group Inc. to raise money for its second $100 billion technology investment fund...