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Keywords: SoftBank


Softbank returns to profit with AI investments and strategic moves

Japanese tech conglomerate SoftBank has reported a net profit of $7.8 billion (1.15 trillion yen) for the fiscal year ending March 2025, marking a strong turnaround from a net loss of 227 billion yen in the previous year. This marks SoftBank’s first full-year profit since the 2020–2021 fiscal......

Trump unveils groundbreaking AI initiative 'Stargate' to transform U.S. tech infrastructure

Newly inaugurated U.S. President Donald Trump has announced the launch of "Stargate," a sweeping initiative aimed at bolstering the nation’s artificial intelligence (AI) capabilities. The project, described as the largest AI infrastructure endeavor in history, will be funded by major......

Trump launches $500 billion initiative for AI development

US President Donald Trump has revealed an ambitious new project aimed at investing up to $500 billion into artificial intelligence (AI) infrastructure. The initiative, named Project Stargate, is a collaboration between major tech companies and a Japanese investment firm. The project was introduced alongside......

OpenAI Secures $6.6 Billion Funding, Achieves $157 Billion Valuation

OpenAI, the innovative company behind the widely popular ChatGPT, has successfully raised $6.6 billion in its latest funding round, elevating its valuation to an impressive $157 billion. This substantial investment comes from notable backers including chip manufacturer Nvidia and Japan's SoftBank,......

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