In a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five.
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest ...
Since then he has helped oversee high-profile investments in several major tech startups including WeWork, and become the public face of the Vision Fund. Ron Fisher, vice chairman, SoftBank Group ...
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of ...
In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...
SoftBank Group (SFTBF 1.43%) is a Japanese holding ... SoftBank invested $4.4 million into WeWork in 2017. The company's planned 2019 initial public offering (IPO) was scrapped, and WeWork ...
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...
NEW YORK & TOKYO--(BUSINESS WIRE)-- The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding ...
What Is WeWork? WeWork provides co-working spaces and technology solutions for businesses, freelancers and anyone else who wants office space. Backed by SoftBank Group Corp. (OTC: SFTBY), a ...
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become ...
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump ...
(AP) — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce ... SoftBank's massive stake in the office-sharing company WeWork which sought bankruptcy protection ...