SoftBank’s CEO to pledge $100 billion in U.S. investments
3 weeks, 3 days ago

SoftBank’s CEO to pledge $100 billion in U.S. investments

LA Times  

SoftBank Group Corp. Chief Executive Masayoshi Son is set to announce a plan to invest $100 billion in the U.S. over the next four years during a visit with President-elect Donald Trump, according to people familiar with the matter. OpenAI CEO Sam Altman will give $1 million to Trump’s inaugural fund after having previously donated to President Biden’s 2024 reelection campaign. SoftBank’s Vision Fund did invest in U.S. companies, but later ran into trouble as many of the investments floundered. During Trump’s last term, Son was raising his $100-billion Vision Fund with money from outside investors and poured the cash into startups such as WeWork, Uber Technologies Inc. and DoorDash Inc.

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History of this topic

Donald Trump’s inaugural fund set to break $107 million-mark as Sam Altman, Jeff Bezos, others pledge big bucks
2 weeks ago

Donald Trump’s inaugural fund set to break $107 million-mark as Sam Altman, Jeff Bezos, others pledge big bucks

Live Mint  

United States President-elect Donald Trump's inaugural committee fund is poised to break its previous level of $107 million in 2017, as billionaires and top corporates donate their share to the Trump administration, reported the news portal The Guardian on Thursday, December 26. According to the news report, top corporates like Uber and its CEO Dara Khosrowshahi, from the automakers industry …

What’s behind Masayoshi Son’s $100 billion pledge to Donald Trump
3 weeks, 2 days ago

What’s behind Masayoshi Son’s $100 billion pledge to Donald Trump

Live Mint  

Tech investing heavyweight Masayoshi Son offered a gift to President-elect Donald Trump: a pledge to spend $100 billion on artificial intelligence and related technology in the U.S. “President Trump is a double-down president," he said Monday, standing next to Trump at a Mar-a-Lago press conference—a reference to how his commitment was twice the $50 billion he pledged at a similar …

Why is tech giant SoftBank investing over $100 billion in the US?
3 weeks, 2 days ago

Why is tech giant SoftBank investing over $100 billion in the US?

Associated Press  

BANGKOK — Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years. Trump said the investments in building artificial intelligence infrastructure would create 100,000 jobs, twice the 50,000 promised when Son pledged $50 billion in U.S. investments …

Softbank to invest $100 bn in US in next 4 years, says CEO Son after meeting Trump
Trending News
3 weeks, 2 days ago

Softbank to invest $100 bn in US in next 4 years, says CEO Son after meeting Trump

Firstpost  

Following a meeting with US President-elect Donald Trump, Softbank CEO Masayoshi Son pledged to invest $100 billion in the United States in the next four years Japanese internet and telecommunications giant Softbank will invest $100 billion in the United States over the next four years, said CEO Masayoshi Son. After their meeting at Mar-a-Lago, Florida, on Monday, Son and US …

Donald Trump hails $100 billion SoftBank investment in US—AI, jobs, and growth on the horizon
Top News
3 weeks, 2 days ago

Donald Trump hails $100 billion SoftBank investment in US—AI, jobs, and growth on the horizon

Live Mint  

President-elect Donald Trump, joined by SoftBank Group CEO Masayoshi Son, announced on Monday that SoftBank would invest $100 billion in the United States over the next four years. At the announcement event held at Trump’s Mar-a-Lago resort in Palm Beach, Florida, Trump praised Son as a “visionary business leader” and highlighted the investment as a testament to global confidence in …

Trump scores $100 BILLION investment from SoftBank CEO including thousands of AI jobs
3 weeks, 3 days ago

Trump scores $100 BILLION investment from SoftBank CEO including thousands of AI jobs

Daily Mail  

President-elect Donald Trump touted a $100 billion investment from Japanese-based SoftBank Group alongside CEO Masayoshi Son at Mar-a-Lago on Monday. The tech CEO announced the creation of 100,000 U.S. jobs in artificial intelligence and related infrastructure Trump pressured Son during the Mar-a-Lago media frenzy, asking him to commit to doubling his commitment to $200 billion, which he signaled he was …

Trump is to announce $100B SoftBank investment in the US
3 weeks, 3 days ago

Trump is to announce $100B SoftBank investment in the US

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump will join …

SoftBank to invest $100 billion in US projects over next four years—Donald Trump to make historic reveal
3 weeks, 3 days ago

SoftBank to invest $100 billion in US projects over next four years—Donald Trump to make historic reveal

Live Mint  

US President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home on Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years. The company's investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia. The announcement will come days after Trump …

Japan’s SoftBank plans to invest $100 billion in US projects over the next four years.
3 weeks, 3 days ago

Japan’s SoftBank plans to invest $100 billion in US projects over the next four years.

Associated Press  

PALM BEACH, Fla. — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years. The president-elect said that since his election, people have expressed interest in “coming in with tremendous amounts of money.” The investments by SoftBank, Trump said, are “a monumental …

Trump, SoftBank CEO to announce $100 billion investment in US
Trending News
3 weeks, 3 days ago

Trump, SoftBank CEO to announce $100 billion investment in US

Live Mint  

PALM BEACH, Fla.—Donald Trump and SoftBank Group CEO Masayoshi Son are set to jointly announce on Monday that the company is planning to invest $100 billion in U.S. projects over the next four years, according to a person involved in the event, as the president-elect seeks to project enthusiasm over his return to power. The $100 billion is double what …

Donald Trump to announce $100 billion SoftBank investment in US
3 weeks, 3 days ago

Donald Trump to announce $100 billion SoftBank investment in US

India Today  

PALM BEACH, Fla: President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home on Monday to announce that the Japanese company is planning to invest $100 billion in U.S. projects over the next four years. For example, Foxconn Technology Group, a Taiwan-based company best known for making Apple iPhones, won Trump’s praise by announcing plans in …

Trump, SoftBank CEO Masayoshi Son announce $100bn US investment
3 weeks, 3 days ago

Trump, SoftBank CEO Masayoshi Son announce $100bn US investment

Al Jazeera  

Son had made a similar pledge in 2016 to spend $50bn over Trump’s four-year term. President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, has announced that SoftBank will invest $100bn in the United States over the next four years in what would be a boost to the domestic economy. In a joint appearance with Son on …

Trump and SoftBank CEO announce the company will invest $100 billion in US projects
3 weeks, 3 days ago

Trump and SoftBank CEO announce the company will invest $100 billion in US projects

CNN  

CNN — President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced Monday morning at Mar-a-Lago that the company is expected to invest $100 billion in US projects over the next four years with a goal of creating 100,000 new jobs, according to two people familiar with the announcement. Softbank never made clear how many of the jobs touted in …

OpenAI's Altman will donate $1 million to Trump's inaugural fund
3 weeks, 5 days ago

OpenAI's Altman will donate $1 million to Trump's inaugural fund

Deccan Chronicle  

LOS ANGELES: OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump's inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. Altman, who is in a legal dispute with rival Elon Musk, has said he is “not that worried” about the …

OpenAI CEO Sam Altman to donate $1 million to Donald Trump's inaugural fund
Top News
3 weeks, 5 days ago

OpenAI CEO Sam Altman to donate $1 million to Donald Trump's inaugural fund

Hindustan Times  

OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump's inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration. OpenAI CEO Sam Altman will be donating $1 million to president-elect Donald Trump's inaugural fund A spokesperson for OpenAI confirmed the move on …

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development
1 month, 1 week ago

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development

Hindustan Times  

SoftBank is planning to buy $1.5 billion worth of OpenAI stock as its CEO Masayoshi Son looks to position the Japanese group as an artificial intelligence leader. SoftBank CEO Masayoshi Son has also publicly expressed admiration for OpenAI co-founder and CEO Sam Altman and said he frequently talks to him Son is doing this with an ambitious AI plan of …

SoftBank Plans to Buy $1.5 Billion OpenAI Shares From Employees
1 month, 1 week ago

SoftBank Plans to Buy $1.5 Billion OpenAI Shares From Employees

Deccan Chronicle  

SoftBank Group Corp. aims to increase its stake in OpenAI by acquiring up to $1.5 billion in shares from the startup’s employees, according to people familiar with the matter. The Japanese company will make a tender offer for the stock, allowing OpenAI employees to cash in shares if they choose. SoftBank contributed $500 million to OpenAI’s $6.6 billion fundraising round …

OpenAI allows employees to sell $1.5 billion-worth of shares in new tender offer to SoftBank: Report
1 month, 1 week ago

OpenAI allows employees to sell $1.5 billion-worth of shares in new tender offer to SoftBank: Report

Live Mint  

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. SoftBank's billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in the last funding round, according to CNBC, which …

SostBank Vision Fund’s Rajeev Mishra steps down as co-chief of largest-ever VC fund
1 month, 4 weeks ago

SostBank Vision Fund’s Rajeev Mishra steps down as co-chief of largest-ever VC fund

Live Mint  

Rajeev Misra is formally stepping down as co-chief executive officer of SoftBank Group Corp.’s Vision Fund, bringing to a close a tumultuous tenure at the helm of what had been the largest-ever venture capital fund. Misra was instrumental in helping SoftBank founder Masayoshi Son set up the Vision Fund in 2017, helping him raise nearly $100 billion from Saudi Arabia, …

SoftBank posts $7.7 billion profit on India’s IPO market boom, rebound in tech valuations
1 month, 4 weeks ago

SoftBank posts $7.7 billion profit on India’s IPO market boom, rebound in tech valuations

Live Mint  

SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio. The Vision Fund reported a gain of ¥373 billion, thanks to strong initial public offerings for Indian startups and valuation gains in Coupang Inc. and Didi Global Inc. A boom in India’s IPO …

SoftBank founder Masayoshi Son loses $2.6 billion in two days. Here's why
5 months, 1 week ago

SoftBank founder Masayoshi Son loses $2.6 billion in two days. Here's why

Hindustan Times  

SoftBank founder Masayoshi Son's fortune fell by $2.6 billion owing to a two-day wipeout in shares of the company SoftBank Group Corp owing to Bank of Japan’s earlier-than-expected interest-rate hike. Masayoshi Son is up about $2.7 billion from the $11.3 billion at the starting of the year, as per Bloomberg Billionaires Index. Masayoshi Son, CEO of SoftBank, arrives for the …

SoftBank's Masayoshi Son is pivoting to AI and chips: What we know
7 months, 4 weeks ago

SoftBank's Masayoshi Son is pivoting to AI and chips: What we know

Hindustan Times  

SoftBank Group Corp.’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed holdings in recent years, a sign of founder Masayoshi Son’s shift away from the venture capital deals that were once an obsession and toward strategic investments in semiconductors and artificial intelligence. That figure doesn’t include the sale of the Vision …

SoftBank loses nearly $6 billion in quarter as investments suffer
1 year, 11 months ago

SoftBank loses nearly $6 billion in quarter as investments suffer

Live Mint  

TOKYO : SoftBank Group Corp.’s technology investment vehicles posted a loss of nearly $6 billion in the latest quarter, leading the company to reiterate its conservative approach. After posting a record loss equivalent to more than $20 billion in the April-to-June quarter, it reported an equally large profit in the quarter ending in September thanks to profits from unwinding its …

SoftBank plans $35 mln bet on India's GoMechanic, sources
2 years, 4 months ago

SoftBank plans $35 mln bet on India's GoMechanic, sources

The Hindu  

SoftBank has for years been a prominent backer of Indian startups, investing close to $4 billion last year alone, according to data from Venture Intelligence. Last month, its boss Masayoshi Son said SoftBank would invest much less this year than in 2021, following a record $26.2 billion quarterly loss at its Vision Fund on falling tech valuations. Vision Fund's early-stage …

SoftBank Emerges as a Big Loser of the Tech Downturn. Again
2 years, 5 months ago

SoftBank Emerges as a Big Loser of the Tech Downturn. Again

Live Mint  

Early last year, Masayoshi Son addressed his staff on a video call. Son and his team plowed $38 billion from SoftBank’s latest giant fund into 183 companies last year, according to SoftBank’s filings. “When he believes something is the future he will literally take everything he has and bet it on that," said Gary Rieschel, who helped lead Mr. Son’s …

SoftBank renews bet on Latin America with $3 bln fund
3 years, 3 months ago

SoftBank renews bet on Latin America with $3 bln fund

The Hindu  

SoftBank Group Corp on Tuesday launched a $3 billion fund to invest in technology companies in Latin America in a bid to build on the success of its initial fund for the region, which has spent most of its capital. SoftBank's renewed bet on Latin America comes as venture capital is booming in countries such as Brazil and Mexico, and …

SoftBank CEO Masayoshi Son went big on China. Now he’s pulling back
3 years, 4 months ago

SoftBank CEO Masayoshi Son went big on China. Now he’s pulling back

CNN  

Hong Kong CNN Business — SoftBank CEO Masayoshi Son is cutting back on new investments in China as the country’s private sector continues to face a historic regulatory crackdown. Taking questions from reporters,Son acknowledged that the company was “facing tough challenges when it comes to investments in China.” “That’s true,” he said. Son did not comment on Didi specifically during …

‘SoftBank could invest over $4 billion in India’
3 years, 7 months ago

‘SoftBank could invest over $4 billion in India’

Hindustan Times  

Masayoshi Son-led SoftBank Group Corp. could put more than $4 billion to work in India in 2021 across myriad technology bets, including software as a service, B2B marketplaces, e-commerce, health-tech and ed-tech. The investments will come from the Japanese company’s Vision Fund 2, which has an investment outlay of up to $30 billion for the current calendar year. We anticipate …

SoftBank’s Masayoshi Son considers new type of fund for startup investing
4 years, 10 months ago

SoftBank’s Masayoshi Son considers new type of fund for startup investing

Live Mint  

SoftBank Group Corp. founder Masayoshi Son said he is considering a new type of fund for startup investing, showing his determination to keep cutting deals after missteps with WeWork and several other companies. “So before we officially launch SoftBank Vision Fund 2, maybe we start from a smaller scale and start from a shorter period in terms of investment as …

Softbank’s Masayoshi Son, tech visionary or robber baron?
5 years ago

Softbank’s Masayoshi Son, tech visionary or robber baron?

Live Mint  

This is the year that brought a $100 billion venture capitalist to his knees. In January, SoftBank Group Corp.’s Masayoshi Son was riding high, writing billion-dollar checks to unicorns from office-sharing startup WeWork to autonomous-delivery vehicle designer Nuro. Over the past three years, Son has deployed his giant war chest aggressively, threatening to back a startup’s rival if founders refuse …

SoftBank’s troubles don’t end with Wag. Here are 5 more Vision Fund investments to watch closely
5 years ago

SoftBank’s troubles don’t end with Wag. Here are 5 more Vision Fund investments to watch closely

CNN  

Hong Kong CNN Business — SoftBank’s decision to abandon its $300 million investment in dog-walking startup Wag has raised more questions about the strategy of its mega tech fund. The Vision Fund also has stakes in ride-hailing startups Didi, Grab and Ola, all of which “will likely face similar issues as Uber, with their economics likely remaining challenged until robo-taxis …

Committed to India in the long term, says SoftBank’s India head Sumer Juneja
5 years, 1 month ago

Committed to India in the long term, says SoftBank’s India head Sumer Juneja

Firstpost  

Masayoshi Son, CEO and Founder of SoftBank, during his India visit, said that he wants to bet on the future. We have an optimistic outlook, a fundamental belief in the country’s potential and remain committed to India in the long term,” Sumer Juneja, Partner and Head of India, SoftBank Investment Advisers, told Tech2. “SoftBank’s other investments in India might come …

SoftBank’s big tech ambitions in doubt after WeWork IPO debacle and Uber’s slump
5 years, 3 months ago

SoftBank’s big tech ambitions in doubt after WeWork IPO debacle and Uber’s slump

CNN  

Hong Kong CNN Business — SoftBank CEO Masayoshi Son has been shaking up the global tech industry and Silicon Valley, using his $100 billion Vision Fund to pour money into splashy startups like Uber, Slack and WeWork. Slack is also down 40% from a June high and down 25% from the reference price set when it went public.The SoftBank Vision …

SoftBank’s big tech bets are paying billions
5 years, 5 months ago

SoftBank’s big tech bets are paying billions

CNN  

Tokyo CNN Business — SoftBank’s massive tech fund is pulling in big profits. Operating income for the Vision Fund soared 66% to nearly 398 billion yen last quarter thanks to valuation gains on investments like Oyo, Slack and Doordash, SoftBan said in an earnings statement Wednesday. SoftBank founder Masayoshi Son launched the $100 billion Vision Fund in May 2017, with …

SoftBank to use proceeds from first Vision fund for the second
5 years, 5 months ago

SoftBank to use proceeds from first Vision fund for the second

Live Mint  

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a person aware of the development said, in a show of unflinching confidence in its huge tech bets commanding sky-high valuations when sold. The Japanese investment firm, led by artificial intelligence advocate Masayoshi Son, on Friday said …

SoftBank’s Masayoshi Son forms $108-billion Vision Fund 2 with Apple, Microsoft
5 years, 5 months ago

SoftBank’s Masayoshi Son forms $108-billion Vision Fund 2 with Apple, Microsoft

Live Mint  

SoftBank Group Corp.’s founder Masayoshi Son launched a second Vision Fund, seeking to extend his reign as the world’s most influential technology investor. Apple Inc., Microsoft Corp., sovereign wealth fund of Kazakhstan and a number of Japanese finance companies are also expected to contribute capital, SoftBank said. Saudi Arabia’s Public Investment Fund and Mubadala Investment Co., key partners in the …

SoftBank’s Son shines a spotlight on his Vision Fund proteges
5 years, 5 months ago

SoftBank’s Son shines a spotlight on his Vision Fund proteges

Live Mint  

Masayoshi Son likes to sketch out a grand vision for the future of artificial intelligence to justify his seemingly scattershot approach to investing. The founders of Southeast Asian ride-hailing giant Grab, indoor farming startup Plenty, Indian hotel chain OYO Rooms and payments service Paytm took the stage at an annual SoftBank conference to explain how AI helps them stay on …

SoftBank says it has made $3.8 billion off its Uber investment
5 years, 8 months ago

SoftBank says it has made $3.8 billion off its Uber investment

CNN  

Hong Kong CNN Business — SoftBank CEO Masa Son’s big bets on Uber and other tech companies are poised to make the Japanesecompany a lot of money. SoftBank reported Thursday that the value of its investment in the ride hailing company has increased 418 billion yen.It invested more than $7 billion in Uber in 2017 through its Vision Fund. Son …

Uber’s IPO will be early test for SoftBank’s massive venture fund
5 years, 8 months ago

Uber’s IPO will be early test for SoftBank’s massive venture fund

CNN  

New York CNN Business — In the second half of 2017, Uber was in a state of disarray. Uber’s IPO will be “the first real litmus test” for SoftBank’s investment strategy, said Kartik Hosanagar, a professor at the Wharton School of the University of Pennsylvania. “It’s their first investment to go public and also one of their larger investments.” But …

SoftBank’s Masa Son announces the formation of another mega tech fund
5 years, 8 months ago

SoftBank’s Masa Son announces the formation of another mega tech fund

CNN  

Hong Kong CNN Business — Why have one $100 billion mega tech fund, when you can have two? “This is the first time that we are officially announcing that we are preparing for the establishment of SoftBank Vision Fund 2,” Son said at the company’s earnings presentation. The size and structuring of the new fund hasn’t been decided yet, he …

SoftBank mulls IPO of $100 billion Vision Fund: Source
5 years, 8 months ago

SoftBank mulls IPO of $100 billion Vision Fund: Source

Live Mint  

Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday. Softbank has spoken to half a dozen banks over the last month about a potential listing of the Vision Fund but has yet to start a formal process, the source said, adding he was not …

This is how Softbank CEO Masayoshi Son will make $1 billion per year
5 years, 9 months ago

This is how Softbank CEO Masayoshi Son will make $1 billion per year

New Indian Express  

Masayoshi Son is a very clever man. Management fees for alternative investing, where venture capital belongs, account for 43 percent of total payments for asset management services, up from only 17 percent a decade ago. The 0.7 percent to 1.3 percent range that SoftBank charges its Vision Fund investors implies that Son could net roughly $1 billion a year in …

SoftBank’s founder Masayoshi Son missed out on Amazon stake — over $30 million
5 years, 9 months ago

SoftBank’s founder Masayoshi Son missed out on Amazon stake — over $30 million

Live Mint  

Tokyo: SoftBank Group Corp. founder Masayoshi Son,famous for his early investment in China’s top e-commerce company, also had the chance to own a big stake in Amazon.com Inc. -- but he missed out over $30 million. Son, speaking at the Milken Institute conference in Tokyo, said he was close to striking a deal to acquire 30 percent of the U.S. …

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