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SoftBank posts surprise loss in 3rd quarter
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.
SoftBank's Son back to form with big bets and quarterly loss
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.
SoftBank books surprise loss of US$2.4 billion in third quarter
TOKYO: Japanese technology investor SoftBank Group booked a surprising net loss of ¥369.2 billion (US$2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
Google, SoftBank Back Quantum Startup QuEra
Google, SoftBank back Boston-based quantum startup QuEra in $230 million deal
Google and SoftBank’s Vision Fund are new investors in QuEra Computing Inc., participating in a $230 million funding round for the Boston-based startup, which aims to make quantum computing more practical.
Google, SoftBank Pour $230M into Quantum Computer Startup QuEra
QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google (GOOGL) and SoftBank (SFTBF) ’s Vision Fund 2 to develop “fault-tolerant” quantum computers,
Google, SoftBank among investors in quantum computing startup: report
Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and SoftBank (OTCPK:SFTBY) are among the investors in quantum computing startup QuEra Computing, Bloomberg reported. Google and SoftBank's Vision Fund participated in a round that saw QuEra Computing raise $230M “in a matter of weeks,
1h
on MSN
Japan’s SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...
23h
on MSN
Goldman, SoftBank Back AI Startup Tines Valued at $1.13 Billion
Goldman Sachs Group Inc.’s growth equity unit led a $125 million funding round for software startup Tines Security Services ...
14h
ASIA Tech pierces trade gloom, Softbank reports
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
29m
SoftBank Group posts first Apr.-Dec. profit in 3 years
Japanese tech giant SoftBank Group has posted a profit for the April-to-December period for the first time in three years. It comes as the company looks to fund greater investment in the AI sector.
2h
SoftBank Group returns to profitability in April-December period
SoftBank Group Corp. said Wednesday it swung back to profitability with a net profit of 636.15 billion yen ($4.1 billion) in ...
cnbctv18
1h
SoftBank expands AI push amid Vision Fund woes, OpenAI partnership
SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...
6d
SoftBank could soon buy Renee James’ Ampere chip company for about $6.5B
Ampere, the semiconductor business founded by former Intel exec Renee James, is reportedly on the cusp of selling itself to ...
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