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SoftBank books $7.7 billion quarterly gain
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 new AI bets and IPOs.
SoftBank books $7.7 billion quarterly gain as Vision Fund finds its feet again
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
Japan’s SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments.
SoftBank to get 1st Blackwell chip from Nvidia
SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.
The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure supplies.
SoftBank Plans Supercomputer With Nvidia Blackwell Chips
SoftBank Group Corp. will be the first Nvidia Corp. customer to build a supercomputer based on the chipmaker’s new Blackwell design, a move to meet growing demand in a country eager to catch up in artificial intelligence.
SoftBank unit to build supercomputer with Nvidia Blackwell chips
At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive Nvidia’s DGX B200 systems.
1d
on MSN
SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
British online bank Zopa is on track to double pre-tax profits and increase revenue by more a third in 2024, CEO Jaidev ...
2d
on MSN
SoftBank first to receive new Nvidia chips for supercomputer
Leading chipmaker Nvidia and SoftBank Corp , the telecommunications arm of SoftBank Group , have piloted the world's first ...
Hosted on MSN
2d
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The company, which is backed by
SoftBank
, raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday ...
Computer Weekly
4h
Nvidia, SoftBank claim AI, 5G telecom pilot first
AI processor leader joins Japanese telco on AI Aerial platform for outdoor pilot of what is said to be world’s first combined ...
Benzinga.com
1d
SoftBank Is In Profit Once Again Thanks To Indian IPOs: What's Next For Masayoshi Son?
SoftBank
Group SFTBF SFTBY has made a significant financial turnaround, reporting a profit of $7.8 billion in its latest ...
2d
on MSN
Jensen Huang reveals Softbank’s Masayoshi Son once offered to lend him money to buy Nvidia
Huang was speaking at Nvidia’s AI Summit in Tokyo where he also announced several AI collaborations with Softbank.
SDxCentral
2d
SoftBank Corp. Develops Orchestrator for AI and vRAN Integration
SoftBank
Corp. developed an orchestrator that enables AI applications and virtualized Radio Access Network (vRAN) ...
TelecomTV
2d
SoftBank and Nvidia tie revenue model to new AI-RAN solution
SoftBank unveils AITRAS, its first AI-RAN solution developed with NvidiaA trial held in Japan demonstrated concurrent AI ...
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