Softbank Group news and trends

SoftBank Reportedly Eyeing $1.5 Billion OpenAI Stock Purchase

November 27, 2024
SoftBank CEO: AI Will Surpass Human Intelligence by 2030
artificial intelligence // October 04, 2023

The CEO of Japan’s SoftBank says artificial general intelligence is on the cusp of exceeding human knowledge. “Take advantage of it or be left behind,” said Masayoshi Son, whose comments at the annual SoftBank World event were reported by The Wall Street Journal (WSJ) Wednesday (Oct. 4). The tech...

Tech Companies Avoiding UK for IPOs
IPO // May 08, 2023

Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. This observation follows the decision of British semiconductor designer Arm to list in New York, CNBC reported Monday (May 8). The report attributed tech companies’ wariness about listing...

SoftBank Group Subsidiary Arm Planning IPO
IPO // May 01, 2023

Semiconductor designer Arm Ltd., a subsidiary of SoftBank Group, is planning an initial public offering (IPO). The organization has confidentially submitted a draft registration on Form F-1 — a filing that is required for the registration of certain securities by foreign issuers — to the...

SoftBank’s WeWork Pursues Head Of T-Mobile For CEO Role
Personnel // November 11, 2019

WeWork is in talks with T-Mobile CEO John Legere to take over the leadership role after former boss Adam Neumann was forced out, following reports of erratic workplace culture and a failed initial public offering (IPO) attempt, according to a report by The Wall Street...

Quick Reads
SoftBank Reportedly Eyeing $1.5 Billion OpenAI Stock Purchase

November 27, 2024
SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. It’s part of an effort by SoftBank Group CEO Masayoshi Son to strengthen the company’s stake in OpenAI and position it as an artificial intelligence (AI) leader, the Financial Times (FT) reported Wednesday (Nov. 27). SoftBank will purchase the shares via a tender offer, allowing current and former OpenAI employees […]

SoftBank CEO: AI Will Surpass Human Intelligence by 2030

October 04, 2023
The CEO of Japan’s SoftBank says artificial general intelligence is on the cusp of exceeding human knowledge. “Take advantage of it or be left behind,” said Masayoshi Son, whose comments at the...

Tech Companies Avoiding UK for IPOs

May 08, 2023
Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. This observation follows the decision of British semiconductor designer Arm to list in...

SoftBank Group Subsidiary Arm Planning IPO

May 01, 2023
Semiconductor designer Arm Ltd., a subsidiary of SoftBank Group, is planning an initial public offering (IPO). The organization has confidentially submitted a draft registration on Form F-1 — a filing...