Masayoshi Son is positioning SoftBank at the heart of the global artificial intelligence race, building a portfolio that spans chip design, infrastructure, software, robotics, and AI applications. The Japanese investment giant has committed around 4.8 trillion yen ($32.7 billion) to OpenAI and recently moved to acquire chip designer Ampere Computing for $6.5 billion.
SoftBank has looked to put itself at the center of the AI revolution through acquisitions and investments. Chip designer Arm is majority-owned by SoftBank, while the Japanese giant has also invested billions in OpenAI.
SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter.
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased investment in the country.
The mystery buyer of the former General Motors factory owned by Foxconn in Lordstown, Ohio is apparently SoftBank, according to Bloomberg News. SoftBank wants to use the factory to build AI servers as part of the Stargate data center project being spearheaded by the Japanese conglomerate, OpenAI, and Oracle.
SoftBank Group Corp is acquiring Foxconn Technology Group's electric vehicle plant in Ohio, in a move to launch the Japanese company's $500 billion Stargate data center project with OpenAI and Oracle Corp , Bloomberg News reported on Friday.
Shares in SoftBank Group jumped more than 13% to a record high on Friday morning in a show of investor support for the Japanese technology investor's AI push after first quarter profit beat expectations.
SoftBank Group Corp. (OTCPK:SFTBY) Q1 2026 Earnings Conference Call August 7, 2025 3:30 AM ET Company Participants Navneet Govil - Executive Managing Partner & CFO Yoshimitsu Goto - SVP, CFO, CISO, Head of legal, Admin & Finance Unit, Group Compliance Officer & Director Conference Call Participants Unidentified Company Representative [Interpreted] Thank you very much for waiting, everyone. Now,...
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