Celebrity investors such as Michael Burry, Masayoshi Son, and Peter Thiel are bailing on Nvidia shares as warnings about an overheated AI rally grow louder.
SoftBank is close to signing a deal with a handful of lenders for a margin loan secured by shares of its chip unit Arm Holdings
Son has discussed the plan with US Treasury Secretary Scott Bessent, although it hasn’t been formally proposed, the report said
Trump has said OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, which will build data centres and create more than 1 lakh jobs in the US
The meeting was all about AI, more AI and most AI. Masa also indicated that he will invest more in India in the coming years than all previous years combined, a founder who had lunch with him told Moneycontrol.
The source added that Son met Mukesh Ambani - India's richest man and chairman of oil-to-telecoms conglomerate Reliance Industries - on Tuesday
The surprising part was that TravelPerk’s lead backer was SoftBank, a Japanese investor whose Vision Fund was famous for giving startups outrageous price tags until it racked up immense losses in an investing spree under founder Masayoshi Son.
2023 has been an active year for block deals and according to data from Prime Database, PE and venture capital firms exited investments worth Rs 57,338 crore through block deals between January and August compared to Rs 41,051 crore during the same period last year
Navneet Govil says twin Vision Funds have been stabilising in the past two quarters despite macro headwinds; calls out India portfolio as being a better performer relatively
SoftBank's founder and chief executive, Masayoshi Son, is looking to invest tens of billions of dollars in AI after completing Arm's initial public offering, the report said
While Arm is now a public company, it will still answer to SoftBank, its largest investor with a 90% stake.
The marginal gain on investments is in line with its recent management commentary on adopting a more proactive investment and monetisation strategy, which will likely bring cheer to India's burgeoning startup ecosystem, where SoftBank hasn't made a single investment in last 15 months.
Misra’s new fund One Investment Management has raised $7 billion in the first close and made an early investment in Shapoorji Pallonji through high-yielding debt
An early champion of investing in artificial intelligence, Son the previous day told shareholders at Japanese telecom unit SoftBank Corp. how happy he was about growing public awareness about AI’s potential.
Masayoshi Son said he is speaking "almost every day" to OpenAI CEO Sam Altman, who has visited Tokyo twice in recent months as he looks to capitalise on interest in generative AI and exert influence on regulation of the burgeoning technology around the world.
The debt-laden Tokyo-based conglomerate is hosting the meeting in person for the first time in four years. Son is scheduled to break a months-long silence after the billionaire bid adieu to earnings calls amid mounting losses to focus on taking Arm Ltd. public.
The report highlighted that the cost-cutting measures resulted in reduced growth rates of 15-30 percent for startups, compared to their previous growth rate of 60-80 percent.
The Vision Fund unit lost ¥297.5 billion ($2 billion) in the three months ended March, ending the fiscal year with a total loss of ¥4.3 trillion — its worst since Son proudly set up the business in 2017.
During his second earnings presentation without SoftBank CEO Masayoshi Son directly addressing shareholders, CFO Yoshimitsu Goto struck a more confident tone compared to his previous remarks
SoftBank reported an annual loss of 970 billion Yen (about $7.2 billion) for the year ended March 31, 2023.
Paytm founder and CEO Vijay Shekhar Sharma thanked SoftBank's Masayoshi Son for supporting Indian startups. Sharma met the Japanese billionaire at Ritesh Agarwal's wedding reception.
SoftBank founder and CEO Masayoshi Son on Tuesday attended the wedding reception of Ritesh Agarwal. Agarwal and his wife Geetansha bent down to touch Son's feet and seek his blessings.
Pictures have surfaced on social media, with one showing Ritesh Agarwal and his wife Geetansha Sood touching Softbank CEO Masayoshi Son's feet.
Other business leaders who attended OYO founder Ritesh Agarwal's wedding included Paytm's Vijay Shekhar Sharma, Lenskart's Peyush Bansal, and Flipkart CEO Kalyan Krishnamurthy.