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1 min read

SoftBank could invest $500 million in OpenAI, new report says

SoftBank is making a significant $500 million investment in OpenAI, highlighting the growing signif…

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4 mins read

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   


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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   


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2 mins read

FirstCry's parent firm Brainbees Solutions gets Sebi's go ahead to float IPO

These companies -- who filed their preliminary IPO papers with Sebi between January and May 2024…

PTI   


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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   


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4 mins read

Paytm stock searches for a new bottom despite assurances by the management

The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…

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1 min read

Fidelity further marks down Meesho's valuation to $3.5 billion

Global investment firm Fidelity has further marked down the value of its holding in social commerce…

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1 min read

Abu Dhabi Investment Authority invests $500 mn in eyewear unicorn Lenskart

Omnichannel eyewear unicorn Lenskart has signed a definitive agreement with Abu Dhabi Investment Au…

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SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery

Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 cror…

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1 min read

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…

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3 mins read

Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors

Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…

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1 min read

Softbank is planning to invest in OpenAI, report says, after Masayoshi Son said he uses ChatGPT every day

Softbank is considering investing in OpenAI, after boss Masayoshi Son told Softbank shareholders he…

Tom Carter   


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1 min read

SoftBank Group reports massive $5.9 billion net loss amid global tech meltdown

There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investme…

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1 min read

SoftBank has lost more than $14 billion by betting on WeWork

The Japanese firm, which made a huge bet on WeWork, revealed the losses in the same week that the r…

Hasan Chowdhury   


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1 min read

SoftBank writes off about $100 million invested in bankrupt crypto exchange FTX

According to MarketWatch, the investment is now marked down to zero with SoftBank saying "it wou…

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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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4 mins read

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   


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Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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Meesho delists 52 lakh counterfeit, restricted products in six months

SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing produ…

PTI