SoftBank explores investment in French AI startup Mistral, sources say
SOFTBANK Group is exploring a potential investment in Mistral AI, the French company emerging as Europe’s hottest artificial intelligence startup, people with...
Japan’s SoftBank cuts stake in India’s Paytm to under 3%
JAPAN’S SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83 per cent from 5.01 per cent...
Softbank’s founder Son seeks to build US$100 billion AI chip venture
SOFTBANK Group founder Masayoshi Son is seeking as much as US$100 billion to bankroll a chip venture to compete with Nvidia and...
Genetic-testing firm Invitae, backed by SoftBank and Cathie Wood, files for bankruptcy
INVITAE, a genetic-testing company with backers including SoftBank Group and Cathie Wood’s Ark Investment Management, has filed for bankruptcy as the DNA...
Arm extends blistering rally as stock nearly triples since IPO
ARM Holdings soared again on Monday (Feb 12), extending a three-day rally that has driven its value up almost 100 per cent...
SoftBank sees new-found caution as secret weapon in AI arms race
FOR years, SoftBank Group splashed out billions on startups at near-peak valuations without batting an eye. Now founder Masayoshi Son’s tech powerhouse...
SoftBank Vision Fund sold down Paytm stake before shares plunged
SOFTBANK Group sold a majority of its stake in Paytm before regulatory scrutiny caused the once-celebrated Indian fintech firm’s shares to dive...
SoftBank posts first profit in five quarters with US$6.6 billion net income
JAPAN’S SoftBank Group returned to profit for the first time in five quarters on Thursday (Feb 8), as the Japanese tech investment...
SoftBank offloads another 2% in India's Paytm
SOFTBANK Group has sold an additional 2 per cent in India’s Paytm, the latest in a string of selldowns in the digital...
India's SoftBank-backed FirstCry's parent to raise over 18 billion rupees in IPO
INDIA’S FirstCry parent on Thursday (Dec 28) filed for an initial public offering (IPO) to raise 18.16 billion rupees (S$287.3 million), making...