SoftBank’s second-quarter financial results show that Masayoshi Son’s desperate pursuit of AI dominance is starting to yield paper profits. The Japanese investment giant doubled its net profit to 2.5 trillion yen (US$16.6 billion), thanks almost entirely to a jump in…
SoftBank’s decision to approve the next tranche of funding for OpenAI, topping up a mammoth $30bn investment, is much more than just capital news. It is a symbolic end to the first romanticised era of artificial intelligence. The key news…
SoftBank is once again betting on robotics. The Japanese conglomerate has announced that it will acquire the robotics division of Switzerland’s ABB for $5.4 billion. This is the largest deal for Masayoshi Son’s group since the collapse of the Vision…
After years of a more cautious investment policy, SoftBank is once again attracting industry attention. Masayoshi Son, the legendary founder and CEO of the Japanese group, has announced that his goal is to make SoftBank the global platform leader for…