Abu Dhabi’s MGX, which is helping bankroll the $100 billion artificial intelligence venture touted by Donald Trump, is beefing up its US operations with hires from …
Ather Energy Ipo: The offering may raise $400 million through primary and secondary shares. Founders and investors will offload stakes, but Hero MotoCorp will retain its holdings.
Ather Energy, backed by Hero MotoCorp, is considering an IPO in Mumbai at a $1.2 billion valuation. The offering may raise $400 million through primary and secondary shares. Founders and investors will offload stakes, but Hero MotoCorp will retain its holdings.
Full Truck Alliance Co. is preparing to expand into Central Asia after getting its wings clipped by domestic regulators a few years ago, joining a growing numbe...
OpenAI and Oracle (ORCL) are set to install 64,000 Nvidia GB200 AI chips in a new Abilene, Texas data center by the end of 2026, with 16,000 chips due by summer 2025, as part of the $100 billion Stargate venture, per Bloomberg. The Stargate project, a collaboration with SoftBank unveiled…
Arm Holdings-ADR (NASDAQ: ARM), a subsidiary of SoftBank Group Corp. (OTC: SFTBY), has entered into a $250 million agreement with Malaysia to supply chip designs and technology for the next ten years.
Arm Holdings Plc has agreed to provide chip designs and technology to Malaysia over the next decade, to help catapult the Southeast Asian country beyond chip assemb…
Creditors, including Mizuho Financial Group Inc., insist that founder Ritesh Agarwal pay off the dues for $383 million he borrowed — part of a multibillion-dollar loan package — if the startup doesn’t have an IPO by October, people familiar with the matter said. Lenders want clear visibility on Agarwal’s liquidity and will potentially allow him to delay the repayment until 2027 only if Oyo lists this year, they said, asking not to be named as the matter is private.
Transaction Overview On August 23, 2024, SOFTBANK GROUP CORP. (Trades, Portfolio) executed a noteworthy transaction by acquiring 2,396,980 shares of ESS Tech In
Tech giant Apple became the latest company to announce investments in the US, following similar promises made by its peers like Meta, Amazon and SoftBank.
Microsoft Corp. has begun canceling leases for a substantial amount of datacenter capacity in the US, a move that may reflect concerns about whether it’s building m…
SoftBank's telco arm remains strong despite challenges, but high-risk AI ventures and premium valuations pose significant near-term investment risks. Learn more on SOBKY stock here.