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SOFTBANK CORP 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.

What is SoftBank’s $1 trillion Project Crystal Land? Masayoshi Son’s AI mega-hub plan for the US

June 21, 2025 4:17 pm

The mega AI project aims to transform Arizona into a centre for high-tech production on par with Shenzhen in China.

SoftBank Group logs loss but Vision Fund unit returns to profit

August 08, 2023 1:27 pm

The Vision Fund unit booked an investment gain of about 160 billion yen ($1.1 billion) for the April-June quarter.

SoftBank Group prepares new round of layoffs at Vision Fund: Report

June 13, 2023 11:25 am

SoftBank, an aggressive investor in tech companies such as fintech giant Klarna and TikTok owner ByteDance, has seen the valuation of its portfolio drop amid sharp interest rate hikes and rising U.S.-China tensions.

SoftBank's Masayoshi Son quietly raises stake in the group to 34%, edging towards buyout

December 08, 2022 5:23 pm

Under Japanese law, Son gains additional rights after breaching one-third ownership. The 65-year-old wields more control over asset sales, some buybacks, mergers and corporate bylaws by having the power to veto any special resolution put before shareholders by activist investors.

‘Softbank to sell 4.5% stake in Paytm for around $215 million’

November 17, 2022 1:10 am

SoftBank will hold a stake of 12.9 per cent or 84 million shares in the company. As of September 30, it held a 17.45 per cent stake through SVF Holdings (Cayman).

SoftBank racks up record $26 billion Vision Fund loss

May 12, 2022 1:13 pm

The loss was in stark contrast to a year earlier when SoftBank posted record annual profit, surpassing global heavyweights such as Warren Buffett's Berkshire Hathaway, after the listing of South Korean e-commerce firm Coupang.

SoftBank option purchases raise eyebrows as Wall Street backtracks

September 05, 2020 10:34 am

In total, SoftBank injected roughly $4 billion building up stakes in Amazon.com Inc, Netflix Inc, Tesla Inc, Microsoft Corp and Alphabet Inc, according to regulatory filings.

SoftBank explores a sale or IPO of chip company arm

July 14, 2020 11:19 am

If it pursues a listing, the chip-design company could go public as soon as next year, said the people, who asked not to be identified because the deliberations are private.

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