PALO ALTO, Calif.--(BUSINESS WIRE)-- #AI--SambaNova today announces the expansion of its SambaNova Cloud deployment and partnership with SoftBank Corp. in Japan. SambaNova, in collaboration with SoftBank Corp., is adding racks equipped with SambaNova's efficient AI chips to a new AI data center in Japan, providing developers in the region with fast inference services via SambaNova Cloud. Develo...
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
Der DeepSeek-Schock hallt noch immer nach. Das chinesische KI-Startup scheint hat bei Marktteilnehmern für eine Neubewertung von Tech-Werten aus China gesorgt.
SoftBank's telco arm has stayed resilient through a challenging backdrop. But new cash-burning AI ventures add a lot of near-term risk. The premium multiple leaves far too little room for error.
SoftBank remains overvalued with excessive exposure to the AI sector, particularly through Arm and the Vision Funds, which continue to underperform with hits and misses offsetting. Q3 2024 earnings showed mixed results, with revenue slightly beating estimates at $11.87 billion but a net loss of $443 million, reflecting ongoing profitability challenges. AI investments pose significant risks, esp...
SoftBank unexpectedly reported a quarterly loss after its Vision Fund investments fell into the red. The company recorded a net loss of $2.5 billion, missing analyst expectations of a $2 billion profit.
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