SoftBank in talks to invest as much as $25B in OpenAI, report says
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on…
Stargate will use solar and batteries to power $100B AI venture
The massive $100 billion Stargate joint venture will reportedly be powered, at least in part, by solar and batteries. The renewable power installations will be built by SoftBank-backed SB Energy,…
SoftBank veteran hunts for profits in payments infrastructure plumbing
In the summer of 2020, as pandemic-driven volatility gripped markets, SoftBank Group shocked Wall Street with a series of massive options bets on U.S. technology stocks. Behind those trades —…
Paytm sells PayPay stake to SoftBank for $279.2 million
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.20 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier…