Growing unease over frothy artificial intelligence valuations is weighing on shares of SoftBank Group Corp., which traders ...
The Softbank selloff has meant Masayoshi Son has dropped to eighth on Forbes’ real-time list of Asia’s richest people, down ...
For years, Son has talked about SoftBank’s strategy to invest in the “computing platforms of the future,” including artificial intelligence. His firm amassed a reported $4 billion stake in Nvidia back ...
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Softbank Drops 40% As Investors Dump AI Bet
Softbank shares are down 40%. That is bad news for AI stocks. It is one of the leaders in the industry and its trouble raises ...
By investing in Nvidia, SoftBank gained exposure to the infrastructure portion of the AI pipeline, including Nvidia's GPUs, ...
4don MSN
Investors Are Acting Like the “OpenAI Bubble” Is Popping As SoftBank and Oracle Stock Continue Slide
The Japanese bank and hyperscaler have seen serious selling. Some say their association with OpenAI is to blame.
Ampere is expected to have a “strategic alignment” with other SoftBank companies such as British chip designer Arm Holdings.
16don MSN
Japan’s SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI
Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
CEO Masayoshi Son has seen a significant drop in his net worth, losing $4.9 billion on Tuesday. This plunge has pushed him ...
7don MSN
SoftBank to invest $3 billion in Ohio factory for OpenAI data center, The Information reports
SoftBank plans to invest up to $3 billion to overhaul an electric vehicle facility in Lordstown, Ohio, which will produce ...
Japanese investment giant Softbank has sold all of its 31.2m Nvidia shares for around $5.8bn as the company makes an “all in” bet on OpenAI.
SoftBank (TYO:9984) slid 10% to close at a 2-½ month low of 15,365.0 yen, and was among the biggest weights on the Nikkei 225, which rose marginally. Softbank shares also lagged gains in broader Asian ...
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