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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 n…
Hasan Chowdhury
SoftBank could invest $500 million in OpenAI, new report says
SoftBank is making a significant $500 million investment in OpenAI, highlighting the growing signif…
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO …
Theron Mohamed
OpenAI is just one piece of the puzzle in SoftBank's grand vision for AI
With a bet on OpenAI, Masayoshi Son will add another piece to the puzzle as he looks to bring sever…
Hasan Chowdhury
Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says
Masayoshi Son believes artificial superintelligence will be achieved in 2035, and will require huge…
Matthew Fox
View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned
View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…
Hayley Cuccinello
The investors behind OpenAI's historic $6.6 billion funding round
OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private invest…
Alex Bitter,Ana Altchek,Hasan…
OpenAI's latest funding round could be a bargain or a bust for investors
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest Americ…
Dan DeFrancesco
What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round
Perplexity has raised hundreds of millions from Jeff Bezos and Nvidia while clashing with top media…
Geoff Weiss
Elon Musk called OpenAI 'evil' for telling investors not to fund his company and other rivals
The xAI founder called OpenAI "evil" after reports about OpenAI asking investors not to fund its ri…
Lloyd Lee
VCs are rushing to meet with former OpenAI CTO Mira Murati in hopes of funding a new company
Venture capitalists pursue Mira Murati after her departure from OpenAI, as the company closes in on…
Sri Muppidi
Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.
Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…
Vishal Persaud
Middle East wealth funds are scrambling to rescue their big bets on the future
The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …
Hasan Chowdhury
Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank
SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…
Hasan Chowdhury
IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: Report
FirstCry CEO has also listed himself as a selling shareholder in the public issue, according to the…