SoftBank has cut a 2.17 percent stake in Indian fintech unicorn Paytm, exchange filings show
1 min read29 Feb 2024Codenamed Izanagi, the initiative is intended to compete with the current leader in the AI chip space — Nvidia Corporation. and contribute to the production of essential semiconductors for artificial intelligence applications
3 min read19 Feb 2024Shares in the Tokyo-based tech investor SoftBank gained as much as 3.2% reports that 66-year-old billionaire CEO Masayoshi Son is seeking funding for a foray into AI chips to compete with Nvidia Corp.
1 min read19 Feb 2024SoftBank Group Corp. is expected to report a net income of ¥373 billion ($2.5 billion) for the three months ended December, thanks to a gain on its stake in T-Mobile USA Inc. and rising valuations for startups in its Vision Fund portfolio.
4 min read7 Feb 2024Discover the story of SoftBank's Vision Fund as it faces challenges and charts a path towards the future. Explore the impact of layoffs, market fluctuations, and the company's commitment to investing in cutting-edge technologies. Join us for an inside look at this tech investment giant.
27 Jun 2023It was the segment’s biggest loss since the Japanese conglomerate's founder Masayoshi Son launched his first Saudi and Abu Dhabi-backed fund in 2017.
3 min read11 May 2023CEO Ritesh Agarwal said the company’s focus is on getting revenue per available room to 60% to 80% of pre-pandemic levels across all market
1 min read1 Dec 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared