Back in 2021, Japanese investment giant SoftBank led a little-known social media app called IRL to unicorn status and an overall valuation of $1.17 billion by investing over $170 million. Well, it ...

SoftBank CEO Masayoshi Son revealed during the company’s annual meeting in Tokyo that he cried for a few days when questioned about his entrepreneurship back in October because he realized th… ...

Son, who has said he uses ChatGPT every day, told shareholders in June 2023 that he wanted SoftBank to "lead the AI revolution." In October, his firm made its first investment in OpenAI, putting ...

SoftBank valued IRL at $1.1 billion. It turns out that 95% of IRL's users weren't real, leaving the firm in a difficult spot. SoftBank once invested in social app IRL at a $1.1 billion valuation.

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund ...

SoftBank and OpenAI’s plan to “immediately” invest $100 billion in artificial intelligence infrastructure in the US has faced months of delays due to fears that President Trump’s tariffs ...

Billionaire Masa Son's robotics business struggled to integrate a $100 million French startup. Now it must find synergies with Boston Dynamics and flog many more units of the doe-eyed Pepper robot.

Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar with the deal.

Softbank’s chief executive, Masayoshi Son, believes the chip design company he bought in 2016 is poised to reap the fruits of the A.I. revolution. Skip to content Skip to site index.