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SoftBank Group logs ¥970 bil full-year loss on tech woes

SoftBank Group reported an annual net loss of 970 billion yen on Thursday after a bruising year for the tech startup sector in which it is heavily invested. The company said its annual net loss came on sales of 6.57 trillion yen, reflecting in part major losses from its Vision…

United kingdomCity ofMasayoshi sonHideki yasudaVictor gallianoVision fundSoftbank groupBank groupToyo securitiesYoshimitsu gotoFinancial times

SoftBank Vision Fund Suffers a $32 Billion Loss Due to Weak Startup Values

SoftBank has recorded a record loss in its Vision Fund, but it is eager to help businesses adopt artificial intelligence.

Saudi arabiaVictor gallianoMasayoshi sonVictora gallianoSilicon valley bankVision fundArm ltdSoftbank group corporationSoftbank ventures asia corpSoftbank vision fundCredit suisseSoftbank group corpJoin ourBank group corporationVision fundsAbu dhabi backed

SoftBank Vision Fund arm posts record $32B loss

SoftBank Group posted a loss of nearly $32 billion for its Vision Fund vertical. And yet, moving on from its earlier defensive position on investments, the fund is now keen to back companies leveraging AI.

United kingdomMasayoshi sonSoftbank group corpGroup corpSoftbank vision fundVision fundYoshimitsu gotoSoftbank groupSoftbank vision fundsSoftbank group corpSoftbank vision fundUst inEnerative aiArtificial intelligence

SoftBank Vision Fund loses $32 billion on declining startup valuations

SoftBank Vision Fund lost $32 billion in the financial year ending March as the Japanese giant suffers from startup valuation corrections.

Softbank vision fundSoftbank groupVision fundSensetime groupBank groupYoshimitsu gotoBank vision fundTiger global

SoftBank pins hope on Generative AI as it charts roadmap for cautious offence from total defence

During his second earnings presentation without SoftBank CEO Masayoshi Son directly addressing shareholders, CFO Yoshimitsu Goto struck a more confident tone compared to his previous remarks

Navneet govilVision fundSoftbank group corpSequoia capitalSoftbank vision fundBank group corpSoftbank chief executive masayoshi sonChief financial officerSoftbank investment advisersTiger global managementGenerative artificial intelligenceEnerative aiYoshimitsu gotoMasayoshi sonNavneet govilSoftbank india

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