Softbank

OpenAI faces $10b funding cut unless it goes for-profit
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OpenAI faces $10b funding cut unless it goes for-profit

SoftBank’s investment, the largest in this round, would drop from US$30 billion to US$20 billion.
Minh Le · · 2 min read
SoftBank eyes $16.5b loan for US AI projects
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SoftBank eyes $16.5b loan for US AI projects

This financing aligns with SoftBank’s US$500 billion AI infrastructure project in the US.
Diya Lal · · 2 min read
OpenAI nets $40b in funding, hits $300b valuation
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OpenAI nets $40b in funding, hits $300b valuation

This marks the largest AI funding round to date, nearly doubling OpenAI’s US$157 billion valuation from October 2024.
Minh Le · · 1 min read
OpenAI must go for-profit by 2025 to secure $40b
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OpenAI must go for-profit by 2025 to secure $40b

If the restructuring isn’t completed within the year, the funding could be reduced to US$20 billion.
Aiko Gao Ishida · · 1 min read
SoftBank reportedly plans $1t AI parks in the US
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SoftBank reportedly plans $1t AI parks in the US

Softbank founder and CEO Masayoshi Son is expected to visit the US to outline his vision.
Naomi Li Gan · · 1 min read
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OpenAI nears $40b funding round led by SoftBank

This round could value OpenAI at US$300 billion, nearly doubling its US$157 billion valuation from October 2023.
Aiko Gao Ishida · · 1 min read
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Bezos-backed vertical farming firm Plenty files for bankruptcy

The San Francisco-based company has secured US$20.7 million in debtor-in-possession financing to support its operations.
Naomi Li Gan · · 1 min read
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SoftBank acquires AI data center chipmaker Ampere for $6.5b

With this acquisition, Ampere joins Arm Holdings under SoftBank, strengthening its AI-focused chip portfolio.
Naomi Li Gan · · 1 min read
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SoftBank scores big as Google buys Wiz for $32b

SoftBank, which invested in Wiz in August 2024, has more than tripled its initial investment within just eight months.
Minh Le · · 1 min read
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SoftBank to build $677m AI data center in former Sharp factory

The data center will feature a power capacity of 150 megawatts, positioning it among the largest facilities of its kind in Japan.
Naomi Li Gan · · 1 min read