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 ...
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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.
The $100bn of bonds, bank loans and private credit deals tied to OpenAI are equivalent to the net debt directly held by the six largest corporate borrowers in the world — including carmakers ...
The ChatGPT developer is not yet listed. That makes the Japanese tech investor's 11% stake a rare public proxy for the ...
By investing in Nvidia, SoftBank gained exposure to the infrastructure portion of the AI pipeline, including Nvidia's GPUs, ...
CEO Masayoshi Son has seen a significant drop in his net worth, losing $4.9 billion on Tuesday. This plunge has pushed him ...
The AI stock frenzy is cooling, and SoftBank is taking it on the chin. Shares in the Tokyo-based global tech investor are ...
The Stargate Project, backed by OpenAI, SoftBank, Oracle, Microsoft, and Nvidia, could lead to monopolistic practices and ...
Technology investor SoftBank Group reports second quarter earnings results on Tuesday in the midst of feverish investment in artificial intelligence that has sent its share price soaring.
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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 ...
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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