SoftBank Financial News

30.09 / 10:29

Digital Amazon Platform SoftBank WhatsApp Discounts Snapdeal Toofani Sale - Festive Dhamaka: Check dates, discounts and other details here

Click here! Earlier on Friday, Softbank backed e-commerce firm Meesho that it will begin its festive season sale on October 6, a day before Flipkart and Amazon festive sale goes live. 'Meesho Mega Blockbuster Sale' is the company's first festive sale where over 400 brands will sell their products either directly or through their authorised partner on the platform's digital store 'Meesho Mall'.

29.09 / 05:59

Digital Apple SoftBank reports OpenAI, Jony Ive, SoftBank’s Masayoshi Son in talks to build ‘iPhone of AI’: report

OpenAI and former Apple designer Jony Ive are in talks with investment major SoftBank to raise $1 billion to make AI hardware devices, according to a report in the Financial Times. OpenAI chief executive Sam Altman, Ive and SoftBank’s Masayoshi Son are in discussions to build an “iPhone of artificial intelligence”, with funding from the Japanese conglomerate, the report stated.

28.09 / 20:05

Microsoft Apple SoftBank Death information reports OpenAI, ex-Apple designer Jony Ive in talks with SoftBank's Son to raise $1 bn to build ‘iPhone of AI’

Financial Times on Thursday. OpenAI has tapped Ive’s company LoveFrom to develop the ChatGPT creator’s first consumer device, the report said. According to the report, talks are said to be “serious" but no deal has been agreed on, and it could be several months before a venture is formally announced.

28.09 / 14:53

Provident Apple SoftBank Intuit stage reports Financial OpenAI, Jony Ive in talks with SoftBank over AI device venture - Financial Times

Investing.com -- OpenAI is in advanced negotiations with former Apple (NASDAQ:AAPL) designer Jony Ive and Japan's SoftBank (TYO:9984) over the creation of a new device that aims to become the «iPhone of artificial intelligence,» the Financial Times reported on Thursday.

28.09 / 07:03

Apple SoftBank reports Ft OpenAI, Jony Ive in talks to raise $1 billion from SoftBank for AI device venture - FT

(Reuters) — OpenAI is in advanced talks with former Apple (NASDAQ:AAPL) designer Jony Ive and SoftBank (TYO:9984)'s Masayoshi Son to build the «iPhone of artificial intelligence», fuelled by more than $1 billion in funding from the Japanese conglomerate, the Financial Times reported on Thursday.

26.09 / 17:31

Digital Entertainment Apple Software SoftBank Backed SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off

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26.09 / 12:45

UPS Provident Digital CEO Enterprise SoftBank Former SoftBank India Head Manoj Kohli Joins the Advisory Board of IBSFINtech – the Enterprise TreasuryTech Company

IBSFINtech, India's leading TreasuryTech Solution provider announces a significant addition to the company’s advisory board -- Mr Manoj Kohli. Mr.

26.09 / 06:33

UPS IPO Software SoftBank NVIDIA show Why prudent investors remain wary of SoftBank

told CNBC that SoftBank’s holding in Arm was a red flag – that he would want to avoid whatever SoftBank tells him to buy, and that it didn’t “have a soft touch when it comes to building businesses". Data shows why prudent investors are exercising caution. Several of SoftBank’s high-profile IPOs are currently yielding negative returns: Chinese ride-hailing company DiDi Global, valued at $63 billion, is down 77% from its offer price, and artificial intelligence (AI) software provider SenseTime is down 64%.

24.09 / 14:45

UPS IPO NASDAQ SoftBank love Instacart’s public market debut: top stories on the grocery delivery company’s IPO

Apoorva Mehta, more than a decade ago, is now a publicly traded company on the US stock exchange Nasdaq.Instacart, the San-Francisco-based startup, listed its shares on the Nasdaq on Tuesday at $30 a piece, aiming to raise $660 million at a valuation close to $10 billion. Although its market value at public listing was only a fraction of its 2021-valuation of $39 billion, the IPO coincides with a resurgence of optimism from tech companies towards the public market.

22.09 / 08:49

Citi Landmark SoftBank show reports travelers OYO parent Oravel joins Japan's SoftBank to launch luxury hotel chain 'Sunday' in India: Report

OYO, have come together to establish a joint venture (JV) to launch a premium hotel chain in India. In this venture, both partners share 49.9% stake, reported yourstory. The joint venture named as Mountainia, plans to introduce 5-star and 4-star hotels under the brand name 'Sunday' in rapidly growing Tier II Indian cities.

21.09 / 03:57

UPS IPO CEO SoftBank S&P lifts SoftBank's credit outlook to positive on Arm IPO

By Anton Bridge

21.09 / 00:39

UPS Citi Digital SoftBank hospital travelers Premium SoftBank partners Oravel to check into premium hotels

SoftBank, known for its bold technology bets, is expanding its hospitality presence in India with a new category of premium hotels and five-star hotels, people familiar with the developments told ET. The Japanese conglomerate has partnered with Oravel Stays, the parent of hotel chain Oyo, to operate these hotels. Under a joint venture arrangement called ‘Mountainia’ the companies have drawn up a plan to open four- and five-star hotels under the ‘Sunday’ brand name across fast-growing tier two Indian cities, the people cited above said.

20.09 / 10:47

IPO ETF NASDAQ CEO SoftBank ARK CEO Cathie Wood says she avoided the Arm IPO frenzy. Here's why

ARK Invest CEO Cathie Wood said she did not participate in Arm's blockbuster initial public offering last week because she finds the British chip designer was overvalued relative to its competitive position.

18.09 / 17:25

Facebook Platform Action SoftBank show Arm Holdings options draw robust trading volume as shares slide

By Saqib Iqbal Ahmed

16.09 / 15:25

IPO Reuters CEO SoftBank Deal Ft SoftBank's Son plans AI deal spree after Arm IPO - FT

(Reuters) -SoftBank is looking for deals in artificial intelligence (AI), including a potential investment in OpenAI, after the blockbuster listing of its Arm unit, the Financial Times reported on Saturday.

16.09 / 10:47

IPO Digital SoftBank Deal SoftBank seeks AI investment as Masayoshi Son plans deal spree after Arm IPO

SoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its Arm unit, the Financial Times reported on Saturday. SoftBank's founder and chief executive, Masayoshi Son, is looking to invest tens of billions of dollars in AI, the newspaper said, citing two people familiar with Son's thinking.

15.09 / 17:13

IPO Digital NASDAQ SoftBank Amgen Backed valuation SoftBank-backed Neumora bags $2.51 billion valuation in lacklustre debut

Neumora Therapeutics, which is backed by Amgen and Japan's SoftBank, fell in their market debut on Friday, giving the company a market capitalisation of $2.51 billion. The Watertown, Massachusetts-based company's shares debuted at $16.50 per share on Nasdaq, below the offer price of $17 apiece.

15.09 / 17:13

IPO NASDAQ SoftBank Amgen Backed valuation SoftBank-backed Neumora bags $2.51 billion valuation in lackluster debut

Neumora Therapeutics, which is backed by Amgen and Japan's SoftBank, fell in their market debut on Friday, giving the company a market capitalization of $2.51 billion. The Watertown, Massachusetts-based company's shares debuted at $16.50 per share on Nasdaq, below the offer price of $17 apiece. The ongoing surge in listings points to a nascent recovery in the U.S. IPO market amid growing expectations of a pause in interest rate hikes by the Federal Reserve. Neumora, which is developing drugs for brain diseases, raised $250 million by selling 14.7 million shares priced at the mid-point of its previously disclosed range.

15.09 / 15:31

IPO NASDAQ SoftBank NVIDIA show SoftBank's chip designer Arm extends gains after $65 bln Nasdaq debut

SoftBank's Arm Holdings rose in volatile early trading on Friday, extending gains from a stellar Nasdaq debut that valued the British chip designer at $65 billion and lifted hopes of an end to the drought in U.S. listings. The stock gave back most of its premarket gains after closing 25% above its offer price of $51 on Thursday.

15.09 / 14:11

IPO NASDAQ SoftBank NVIDIA show SoftBank's chip designer Arm extends gains after $65 billion Nasdaq debut

By Manya Saini

15.09 / 11:23

IPO Reuters NASDAQ SoftBank Browser show valuation Arm soars nearly 25% in market debut to $65 billion valuation

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