SoftBank, a major player in the technology and investment industry, is reportedly set to invest in the field of artificial intelligence as part of its efforts to compete with Google and other rivals in the AI race. This strategic move is seen as a way for SoftBank to stay competitive in the rapidly evolving tech … Read more
In 2019, SoftBank’s Vision Fund made the decision to sell all of its Nvidia shares, which at the time represented 4.9% of the company. The initial investment of around $700 million resulted in a profit of $3.3 billion on the sale. However, in hindsight, this move cost SoftBank a potential profit of over $150 billion, … Read more
Recently, SoftBank’s CEO expressed regret over the decision to sell off their stake in Nvidia, which resulted in a loss of $150 billion. This massive loss has raised concerns among investors and industry experts about the company’s financial decisions. SoftBank originally acquired a significant stake in Nvidia, a leading technology company, but ultimately sold it … Read more
‘s reports that SoftBank is planning to develop a super artificial intelligence (AI) system after missing out on the boom in Nvidia stock may have positive implications for Arm Holdings, a company acquired by SoftBank in 2016. SoftBank’s decision to focus on developing its own AI technology comes after its failure to capitalize on the … Read more
SoftBank CEO Masayoshi Son is keen on not missing out on the artificial intelligence boom again, which could benefit chip design company Arm Holdings, a company SoftBank acquired for $32 billion in 2016. Son attempted to add Nvidia to his portfolio, but the deal fell through, leading Softbank to sell its stake in 2019. Son … Read more
SoftBank (SFTBY), NEC Corporation and VMware, recently acquired by Broadcom (AVGO), have jointly verified the virtualization of the radio access network, or RAN, which is the front end of the mobile network. The companies confirmed the feasibility of RAN modernization by converging O-RAN architecture and Telco Cloud. In this joint verification, a virtualized RAN system … Read more
About SoftBank Corp.Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. In the fiscal year ended March 2023, SoftBank Corp. registered 5,912.0 billion yen of revenue, 1,060.2 billion yen of operating income and 531.4 billion yen of net … Read more
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