SoftBank Posts Third-Quarter Loss of $2.4 Billion
TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell. The loss will further raise questions about SoftBank's plans for one of its most ambitious undertakings - a hefty investment in OpenAI.
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Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...
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.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...
SoftBank Group Corp. said Wednesday it swung back to profitability with a net profit of 636.15 billion yen ($4.1 billion) in ...
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Niki Christoff, Christoff & Co. CEO, joins 'Squawk Box' to discuss Elon Musk-led group's $97.4 billion bid for OpenAI, ...
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