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Japan's SoftBank returns to profit
SoftBank Books $7.7 Billion Quarterly Gain as Vision Fund Finds Its Feet Again
TOKYO (Reuters) - Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
SoftBank posts blowout quarterly gains at Vision Fund tech arm
Japanese giant SoftBank logged a steep quarterly increase in gains at its Vision Fund tech arm in the second fiscal quarter ended Sept. 30, after swinging back to black in the three months to June. The company attributed the lion's share of the increase to valuation gains recorded at the SoftBank Vision Fund 1,
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments
Nvidia, SoftBank and Jensen Huang
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO Masayoshi Son regretted selling the stock early.
Softbank once offered Jensen Huang a loan to buy Nvidia entirely — Nvidia CEO regrets not taking the loan
The cell phone ban at the country’s second-largest school district will begin early next year, and now officials are detailing just how the massive change will take effect. The Los Angeles Unified School District voted to ban cell phone use during the school day in June. It’s set to go into effect on Feb. 18, […]
Jensen Huang reveals Softbank’s Masayoshi Son once offered to lend him money to buy Nvidia
Huang was speaking at Nvidia’s AI Summit in Tokyo where he also announced several AI collaborations with Softbank.
SoftBank 1st to receive Nvidia's Blackwell chip
SoftBank unit to build supercomputer with Nvidia Blackwell chips
At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive Nvidia’s DGX B200 systems.
SoftBank First to Receive New Nvidia Chips for Supercomputer
TOKYO (Reuters) -SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom.
SoftBank planning supercomputer with Nvidia’s Blackwell chips, Bloomberg reports
SoftBank’s (SFTBY) telecom unit plans to build an AI supercomputer in Japan using Nvidia’s (NVDA) DGX B200 platform, as well as a
Morningstar
2d
SoftBankj Group's Value Now Dominated By ARM
The
SoftBank
Corp. business is important as the major dividend-paying investment for
SoftBank
.
SoftBank
completed a successful IPO of
Arm
in September at $51 per share, having sold 9.4% of ...
4d
SoftBank expected to book $1.87 bln profit on IPOs
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on ...
cryptopolitan
2d
SoftBank revives portfolio with AI strategy
Japanese multinational investment firm SoftBank reported a revenue of ¥1.18 trillion ($7.7 billion) in the previous quarter, ...
TweakTown
1d
Japan's SoftBank to receive of NVIDIA's first DGX B200 system: for first AI 5G telecom telecom
All of it. Now I regret not taking it". The
SoftBank
CEO made an offer to Jensen a month before the Japanese giant acquired ...
2d
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.
TheStreet on MSN
6d
Analysts reset Arm Holdings stock price targets after earnings
SoftBank Chief Executive Masayoshi Son wants Arm Holdings (ARM) to challenge Nvidia's lead in the AI chip market.Son ...
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