SoftBank needs the proceeds for other AI bets like the US$500 billion Stargate project to expand US data-centre capacity.

Masayoshi Son’s big wager on artificial intelligence has paid off — propelling the SoftBank Group Corp. founder past Uniqlo billionaire Tadashi Yanai to become Japan’s richest person.

Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, including Stargate data centres and ...

The move has further stoked concerns among some investors that the rally in artificial intelligence stocks was overdone.

Chipmakers are seeking to tap into that demand from customers such as OpenAI and Microsoft Read more at The Business Times.

Softbank on Tuesday disclosed it had sold its entire $5.8 billion stake in Nvidia to fund its investments in ChatGPT-maker ...

The chairman and CEO of global tech investment giant SoftBank Group in Japan is Asia's biggest loser, according to Forbes’ Real-Time Billionaires List.