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SoftBank Finally Wipes Out $14B WeWork Losses As It Posts $6.6B Profit Riding On Tech Rebound And T-Mobile SharesIn a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...
Since then he has helped oversee high-profile investments in several major tech startups including WeWork, and become the public face of the Vision Fund. Ron Fisher, vice chairman, SoftBank ...
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become ...
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
SoftBank is in talks to invest $15 billion to $25 billion in OpenAI, a deal that would see the Japanese conglomerate displace Microsoft as the ChatGPT maker's biggest investor. SoftBank stock fell 1.1 ...
SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer.
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