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.
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.
Must See: Billionaires Jensen Huang And Masayoshi Son Joke About SoftBank's Past As Nvidia's Largest Shareholder – Before Dumping Its Stake
Nvidia CEO Jensen Huang and SoftBank’s Masayoshi Son recently shared a few laughs and some bittersweet memories at the AI Summit in Tokyo. At the center of their banter? SoftBank’s former role as ...
SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.
The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure supplies.
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SoftBank Is In Profit Once Again Thanks To Indian IPOs: What's Next For Masayoshi Son?
SoftBank Group SFTBF SFTBY has made a significant financial turnaround, reporting a profit of $7.8 billion in its latest ...
SoftBank first to receive new Nvidia chips for supercomputer
SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, ...
SoftBank Vision Fund co-CEO Misra to leave firm
SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the firm's flagship ...
SoftBank Plans Supercomputer With Nvidia Blackwell Chips
SoftBank Group Corp. will be the first Nvidia Corp. customer to build a supercomputer based on the chipmaker’s new Blackwell ...
SoftBank books $7.7 billion quarterly gain as Vision Fund finds its feet again
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 ...
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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 ...
SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
British online bank Zopa is on track to double pre-tax profits and increase revenue by more a third in 2024, CEO Jaidev ...
Nvidia and SoftBank pilot world's first AI and 5G telecom network
TOKYO (Reuters) -Leading chipmaker Nvidia and SoftBank Corp, the telecommunications arm of SoftBank Group, have piloted the ...