SoftBank Group Stock News

The U.S. Federal Trade Commission has launched an in-depth investigation into SoftBank Group Corp's purchase of semiconductor designer Ampere Computing LLC, Bloomberg News reported on Tuesday.

SoftBank CEO Masayoshi Son said he is "all in" on OpenAI, with its planned investments in the company reaching about 4.8 trillion Japanese yen ($33.2 billion). "I think that OpenAI will be listed eventually and, in my belief, will become the most valuable company in the world," Son said at a shareholders' meeting.

SoftBank Group CEO Masayoshi Son said on Friday that he wanted the investment group to become the number one platform provider for "artificial super intelligence" in 10 years time.

SoftBank is going all in on AI. Just months after announcing its involvement in the $500 billion Stargate AI Infrastructure project, of which SoftBank is rumored to be fronting a cool $19 billion, the Japanese investing conglomerate is reportedly looking to launch its largest AI project yet.

SoftBank is reportedly seeking support from partners and the U.S. government to build a $1 trillion manufacturing complex in Arizona that would focus on robots and artificial intelligence. [contact-form-7] The company's founder, Masayoshi Son, has discussed partnerships with Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics and has sought tax incentives from U.S.

SoftBank Group founder Masayoshi Son is considering developing a $1 trillion industrial hub in Arizona focused on robotics and artificial intelligence, according to Bloomberg. The project aims to revive advanced technology manufacturing in the US and create a hub similar to China's Shenzhen.

SoftBank Group Corp founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co to build a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported on Friday citing people familiar with the matter.

T-Mobile US Inc (NASDAQ:TMUS, ETR:TM5) shares fell 4.5% on Tuesday morning after SoftBank Group Corp sold 21.5 million shares in the wireless carrier through a $4.9 billion overnight block trade, trimming its stake from 7.5% to 5.6%. The unregistered sale, priced between $224 and $228 per share, represented a discount of about 3% to Monday's closing price and marks the biggest US equity block s...