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JAPAN SOFTBANK NEWS

Softbank’s Son says he ‘cried’ while selling Nvidia stake to fund OpenAI bet

December 08, 2025 9:09 am

Son revealed for the first time that he was forced to offload the conglomerate’s entire Nvidia stake in order to bankroll its big bet on OpenAI.

SoftBank has sold all its shares in Nvidia for $5.8 billion, turning focus to OpenAI

November 12, 2025 10:02 am

Nvidia recently become the first $5 trillion company, just three months after it broke through the $4 trillion barrier.

SoftBank's Son says he is 'heavy user' of ChatGPT

June 20, 2023 1:29 pm

Son has long argued that AI is the driving force behind his investing activity but has had to contend with high-profile stumbles such as office-sharing firm WeWork and weakness in valuations of the high-growth startups he favours.

SoftBank offloads 2% stake in Paytm in a series of disposals since February

May 11, 2023 1:31 pm

SoftBank has offloaded more than 2 per cent of its stake in Paytm-parent firm One97 Communications Limited via an open market to meet Sebi takeover rules.

SoftBank leads $200 mln investment in India's Grofers

May 15, 2019 7:59 pm

Grofers' fresh funding comes after homegrown rival Bigbasket, which is backed by China's Alibaba Group, recently raised $150 million to hit a valuation of over $1 billion.

Donald Trump trumpets $50 billion investment ahead of victory rally

December 07, 2016 12:26 pm

Donald Trump told reporters that Softbank from Japan has agreed to put forth USD 50 billion in investing in start-up companies in America.

Startup India campaign: SoftBank may scale up its planned $10 bn investment

January 18, 2016 8:41 am

Japan-based SoftBank may scale up its planned investment of $10 billion in the coming years.

SoftBank, Bharti, Foxconn to set up $20 billion solar and wind venture

June 23, 2015 9:47 am

Govt this month raised solar capacity addition target to 100 gigawatts by 2022.

Japan's Softbank takes aim at US market with Sprint bid

October 12, 2012 10:54 am

Japanese wireless service provider Softbank Corp is looking to buy about 70 per cent of Sprint Nextel Corp.

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