SoftBank Shares Hit Record High Amid Push Into AI And Computer Chips

SoftBank shares climbed to an all-time high on Wednesday, a sign of renewed confidence in the storied tech firm amid booming investor interest in artificial intelligence after founder and CEO Masay...

SoftBank shares rise on $1.86 billion debt offering as CEO talks up 'super' AI

SoftBank on Friday announced plans to issue euro and dollar-denominated bonds as it looks to pay down debt and focus its investments on artificial intelligence. The huge Japanese holding company sa...

SoftBank Group launches AI healthcare joint venture with Tempus AI

Japanese technology investor SoftBank Group has launched a joint venture with Tempus AI that aims to analyse personal medical data with artificial intelligence (AI) to come up with treatment recomm...

SoftBank to invest in search startup Perplexity AI at $3 bln valuation, Bloomberg reports

Japanese technology investor SoftBank Group Corp's Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion, Bloomberg News r...

Shareholder support for SoftBank CEO Son's reappointment falls to 79%

Shareholder support for the reappointment of SoftBank Group Chief Executive Masayoshi Son has fallen to 79.22% from 95.93% a year ago after proxy adviser Institutional Shareholder Services (ISS) re...

SoftBank CEO Masayoshi Son: AI Will Drive ‘Evolution of Humanity'

Ten years from now, artificial intelligence (AI) will be 10,000 times smarter than humans, SoftBank CEO Masayoshi Son reportedly said Friday (June 21).

SoftBank's Son Plans to Create ‘Super' AI

SoftBank's big-talking founder Masayoshi Son is back, this time with plans to bring about an era of artificial super-intelligence. City Index Senior Market Analyst Fiona Cincotta joins Ed Ludlow to...

SoftBank CEO talks up firm's AI ambitions

SoftBank Group CEO Masayoshi Son said on Friday that the group's mission was to help in humanity's progress by realising artificial super intelligence, which he said would exceed human capabilities...

SoftBank's Son: will ramp up US power business for generative AI

Japan's SoftBank Group will ramp up its power generation business primarily in the United States to supply power to generative artificial intelligence projects worldwide, founder Masayoshi Son said...

SoftBank-backed travel tech firm TravelPerk acquires U.S. rival and bags $135 million for expansion

TravelPerk, a European corporate travel booking platform, told CNBC it has acquired Chicago-based startup AmTrav to help further its expansion in the U.S. market. To help fund the deal and TravelPe...

SoftBank Shares Spike as Activist Elliott Take Stake

Shares of the Japanese holding company are trading sharply higher on news that activist investment firm Elliott Management has acquired a position.

SoftBank shares jump up to 6.3% on report that Elliott Management's pushing for $15 billion in buybacks

SoftBank Group shares rose as much as 6.3% on Wednesday following a Financial Times report that Elliott Management has rebuilt a significant stake and was pushing for share buybacks worth $15 billi...

SoftBank Corp aims to help call centre workers by 'softening' angry customer calls with AI

Dealing with irate customers can be extremely stressful for call centre workers but Japan's SoftBank Corp thinks it has a solution: artificial intelligence-enabled software that softens the tone of...


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