SoftBank

SoftBank reported its profit for the fiscal first quarter, resulting in a beat against market expectations. This positive financial outcome was noted as being boosted by stakes held in Intel and TikTok-owner ByteDance.

OFB Tech Pvt, operator of the OfBusiness platform backed by SoftBank, is considering reviving plans for an initial public offering that could raise up to $800 million.

SoftBank's stock rose 10% as Asian technology stocks rallied following Wall Street's strong performance, driven by optimism surrounding artificial intelligence and growth stocks.

Zenity, an Israel-based cybersecurity startup, raised $125 million in a Series C funding round led by Norwest, with participation from SoftBank Vision Fund 2, Hitachi Ventures, and LG Technology Ventures. The funding aims to secure AI agents in corporate systems by monitoring their real-time actions to prevent deviations from intended purposes.

South Korea’s Kospi index surged over 14% as chipmaking stocks rebounded, driven by AI-related gains and Microsoft's strong earnings report. Samsung Electronics and SK Hynix saw significant share price increases, though the index remains below its June peak. The Nikkei 225 also rose, and the U.S. dollar fluctuated against the yen amid suspected Japanese market intervention.

South Korea’s Kospi index surged over 16% driven by chipmaking stocks like Samsung Electronics and SK Hynix, rebounding after prior losses fueled by AI market concerns. The rally followed Microsoft's strong earnings, signaling AI investments are translating into profits, while Tokyo’s Nikkei 225 also rose 5.5%.

South Korea’s Kospi index surged 16.8% driven by gains in AI-related chipmaking stocks like Samsung Electronics and SK Hynix. The index had previously fallen over 16% due to concerns about an AI bubble and competition from China, but rebounded following Wall Street gains and a recovery in technology stocks.

South Korea’s Kospi index surged 15.3% driven by chipmaking stocks like Samsung Electronics and SK Hynix, reversing earlier declines linked to AI market concerns. The Nikkei 225 in Japan also rose 5%, while oil prices increased due to U.S.-Iran tensions and Hormuz Strait disruptions.

South Korea’s Kospi index surged 13.1% as AI-related stocks rebounded after losses, driven by gains in chipmakers like Samsung Electronics and SK Hynix. The index had previously dropped over 16% due to concerns about an AI bubble and competition from Chinese rivals. Tokyo’s Nikkei 225 also rose 4.9%, with SoftBank Group and Tokyo Electron seeing significant gains.

South Korea’s Kospi index surged 13.1% driven by AI-related stock rebounds, with Samsung Electronics and SK Hynix rising 19.3% and 22.6% respectively. The index had previously dropped over 16% due to AI bubble concerns and competition from Chinese chipmakers. Tokyo’s Nikkei 225 also rose 4.9%, with SoftBank Group and Tokyo Electron gaining 15.1% and 9.2%.

South Korea’s Kospi index surged over 15% driven by rebounds in chipmaking stocks like Samsung Electronics and SK Hynix after earlier losses due to AI bubble concerns and competition from China. Oil prices rose amid U.S.-Iran tensions and a closed Strait of Hormuz, while Asian and U.S. stock indices, including the Nikkei 225 and S&P 500, also climbed.

Asian technology stocks experienced a sell-off with SoftBank declining 7%, while AI-related investments faced losses. Chinese internet companies listed in Hong Kong, including Tencent, Meituan, Baidu, and Kuaishou, saw increased trading values despite broader regional weakness.

Nvidia and Broadcom are providing financial backstops for AI labs OpenAI and Anthropic to secure leases for data centers, using their own creditworthiness as collateral. The article draws parallels to historical financial risks, such as AIG's role in the 2007 crisis, warning that spreading AI-related risks through major tech firms could create systemic vulnerabilities.

Nvidia is in talks to back a $500 billion data center project for OpenAI, which is owned by SoftBank. This backing could enable OpenAI to secure more favorable debt terms. The move follows Nvidia's CEO Jensen Huang expressing support for a controversial open-source AI utilized by China.

SoftBank Corp. is nearing an acquisition of SP.LINKS Inc., a payments service provider owned by Blackstone Inc., after securing preferred bidder status. The deal involves SoftBank acquiring Blackstone’s Japan-based payments firm.

Asian shares declined sharply amid a sell-off in AI-related stocks and rising Brent crude prices above $100 per barrel due to Middle East tensions. U.S. stock futures were mixed as concerns over AI investment bubbles, Trump's new tariffs, and geopolitical conflicts weighed on markets.

Asian shares rose with South Korea's Kospi up 4.4% and Tokyo's Nikkei gaining 0.5%, driven by AI-related stocks. Mideast tensions pushed Brent crude to $97.61, a 3.8% increase, while U.S. futures declined. The U.S. dollar reached 163.17 yen amid expectations of widening interest rate gaps between the U.S. and Japan.

Asian shares were mostly higher, driven by gains in AI-related stocks, while Mideast tensions pushed Brent crude oil prices above $96. The Kospi and Nikkei indices rose, but some markets like India and Taiwan saw declines.

Asian stock indices such as the Kospi and Nikkei rose, driven by AI-related investments and geopolitical tensions pushing Brent crude oil above $96. The U.S. dollar strengthened against the yen amid expectations of diverging interest rates between the U.S. and Japan.

Jack Mallers has stepped down as CEO of Bitcoin treasury Twenty One Capital, succeeded by Raphael Zagury. The company, which listed on the NYSE seven months ago, aims to become an institutional-grade operating company focused on cash flow and capital allocation. Mallers will concentrate on his Bitcoin payments company, Strike.

Asian shares mostly gained, with South Korea's Kospi and Japan's Nikkei 225 rising after recent declines from AI stock sell-offs. Major chipmakers like Samsung Electronics and SK Hynix saw significant gains, while oil prices fell amid U.S.-Iran tensions in the Strait of Hormuz.

Asian shares mostly rose, with South Korea's Kospi and Japan's Nikkei 225 rebounding after declines linked to AI stock sell-offs. South Korean and Japanese tech firms like Samsung Electronics and Kioxia Holdings saw significant gains, while oil prices dipped amid U.S.-Iran tensions in the Strait of Hormuz.

Asian shares mostly gained, with South Korea's Kospi and Japan's Nikkei 225 rising after recent declines driven by AI stock sell-offs. Oil prices fell amid U.S.-Iran tensions in the Strait of Hormuz, while U.S. markets saw mixed performance with AI-related stocks recovering.

Asian shares fell sharply, with Tokyo's Nikkei 225 dropping 4% as AI-related stocks, including TSMC and Tokyo Electron, declined due to concerns over overvaluation and unsustainable demand. Oil prices rose amid Middle East tensions, while U.S. stocks like Nvidia and Micron Technology also fell.

SoftBank's stock fell 8% as Japanese AI-linked stocks declined following a U.S. semiconductor shares sell-off. The downturn spread to Asia after Taiwan Semiconductor Manufacturing's outlook failed to calm investor concerns.

Hyundai is acquiring SoftBank's stake in Boston Dynamics, making it a wholly owned subsidiary. The deal grants Hyundai full ownership of the robotics company and enhanced control over the Atlas humanoid robot program.

Hyundai Motor is reportedly in a deal with SoftBank to acquire a stake in Boston Dynamics. The article suggests the transaction could either represent a bargain for Hyundai or indicate SoftBank's financial pressure.

SoftBank Group CEO Masayoshi Son claims $5 trillion annually is needed globally to expand AI infrastructure, dismissing concerns about an AI investment bubble. SoftBank reported a five-fold profit increase due to AI investments and recently launched a battery business to address rising electricity demand from AI use.

SoftBank CEO Masayoshi Son dismissed concerns about an AI investment bubble, estimating $5 trillion annually is needed to meet AI demand. He predicted AI will transform global industries and generate profits, citing SoftBank’s AI-driven profits and investments in companies like OpenAI.

SoftBank Group's CEO Masayoshi Son claims $5 trillion annually is needed globally to meet AI demand, dismissing concerns about AI investment bubbles. He predicts AI will transform industries and replace 20% of global GDP by 2040, with SoftBank investing heavily in AI-related ventures like OpenAI and next-generation energy infrastructure.

SoftBank Group’s CEO Masayoshi Son stated that $5 trillion annually is required globally to meet AI demand and dismissed concerns about an AI investment bubble.

SoftBank Group CEO Masayoshi Son dismissed concerns about an AI investment bubble, stating $5 trillion annually is needed globally to expand AI infrastructure. He projected AI-related industries could account for 20% of global GDP by 2040, citing SoftBank's profits from AI investments and new ventures in data centers and electricity infrastructure.

Oil prices rose over 2% as Middle East fighting intensified, while Asian shares were mixed with Tokyo and Seoul indices rebounding. U.S. and Iran assert control over the Strait of Hormuz, disrupting oil tanker traffic and fuel prices. AI-related stock movements and China's export growth also influenced markets.

Asian stocks rose, led by technology shares, while oil prices fell as traders monitored tensions between Iran and the U.S. South Korea's Kospi and Tokyo's Nikkei gained over 1.8%, and tech-related stocks like SK Hynix and AMD saw significant increases. Oil prices dropped due to constrained supplies at the Strait of Hormuz.

Asian stocks rose due to increased buying of technology-related shares, while oil prices declined as traders observed tensions between Iran and the U.S. South Korea's Kospi and Japan's Nikkei 225 gained significantly, and tech stocks like SK Hynix and SoftBank Group saw notable gains. Oil prices fell amid limited vessel traffic through the Strait of Hormuz.

Asian stocks rose on Friday, driven by technology-related shares, while oil prices fell as traders tracked Iran-U.S. tensions. Key indices like South Korea's Kospi and Japan's Nikkei 225 advanced, and oil prices declined amid supply concerns at the Strait of Hormuz.

Asian stocks showed mixed performance and oil prices declined as Iran and the U.S. exchanged fresh attacks, escalating Middle East tensions. Stock indices in Tokyo, South Korea, and China rose, while Hong Kong and Australia fell. Oil prices dropped as conflict uncertainty disrupted markets.

Governor Brian Kemp met with OpenAI and Georgia Power in Atlanta to discuss the company's business plans, including potential data center projects and economic development in Georgia. OpenAI's representatives included leaders in site readiness and development, while the meeting's details remain unclear. The state has an Office of Artificial Intelligence and OpenAI is involved in a national data center project with Oracle and SoftBank.

Masa Son, the SoftBank founder, has made a significant investment in artificial intelligence (AI). The article highlights this major financial commitment as his most substantial risk.

Son has positioned himself at the center of the global AI boom through his role at SoftBank. Some critics argue he now wields excessive control.