Growing unease over frothy artificial intelligence valuations is weighing on shares of SoftBank Group Corp., which traders ...
The Softbank selloff has meant Masayoshi Son has dropped to eighth on Forbes’ real-time list of Asia’s richest people, down ...
The Japanese bank and hyperscaler have seen serious selling. Some say their association with OpenAI is to blame.
This is the second time SoftBank has sold its entire Nvidia stake. SoftBank is freeing up capital to fund other AI-related ...
CEO Masayoshi Son has seen a significant drop in his net worth, losing $4.9 billion on Tuesday. This plunge has pushed him ...
Bank of America’s Survey in October revealed that 54% of respondents believed AI-related assets were in a bubble territory.
Softbank shares are down 40%. That is bad news for AI stocks. It is one of the leaders in the industry and its trouble raises ...
The AI stock frenzy is cooling, and SoftBank is taking it on the chin. Shares in the Tokyo-based global tech investor are ...
The Stargate Project, backed by OpenAI, SoftBank, Oracle, Microsoft, and Nvidia, could lead to monopolistic practices and ...
SoftBank (TYO:9984) slid 10% to close at a 2-½ month low of 15,365.0 yen, and was among the biggest weights on the Nikkei 225, which rose marginally. Softbank shares also lagged gains in broader Asian ...
Ampere is expected to have a “strategic alignment” with other SoftBank companies such as British chip designer Arm Holdings.
OpenAI needs to secure $207 billion in new financing by 2030 to fulfill its expansion plans, according to HSBC Global ...