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SOFTBANK Group CEO Masayoshi Son plans to borrow $16 billion to invest in artificial intelligence (AI), the company's executives told banks last week, The Information tech news website reported on ...

the adviser hired to review the business and take over management of the company. The fallen startup, whose financial backers include SoftBank Group Corp. and Singapore’s Temasek Holdings Pte., had ...

Investigators hired by the board of eFishery have determined the Indonesian start-up is in far worse shape than they previously thought, and that investors are likely to get back less than 10 US ...

SoftBank, Temasek Among eFishery Investors Facing Near Wipeout Startup’s backers likely to recover under 10% of investments Indonesian firm allegedly misrepresented financials for years ...

Softbank has committed to being part of the massive $500 billion fundraise for OpenAI, but CEO Masayoshi Son believes that it could be a sound financial investment. In a recent interview, Son ...

For those who might not be aware, Stargate is a project that is expected to be heavily funded by a leading member of the company’s financial backers which is SoftBank. This symbolizes a huge shift ...

OpenAI is currently in talks with SoftBank for a potential US$40 billion investment that could value the Microsoft-backed company at approximately US$300 billion, according to CNBC. REUTERS ...

However, last week as Musk seemed to place his OpenAI offer on and off the table daily, something else OpenAI-related caught our eye — SoftBank reported a net loss of nearly $2.4 billion for its ...