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You Searched For "Softbank" and got 20 results


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2 mins read

Ola Electric boosts service capacity by 30%; adds over 50 centers, and 500 technicians to clear complaint backlog

Ola was in the spotlight earlier this month following a public spat between its founder Bhavish Agg…

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2 mins read

SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…

Hasan Chowdhury   


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SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.

The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure …

Shubhangi Goel   


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Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed

Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO …

Theron Mohamed   


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1 min read

SoftBank could invest $500 million in OpenAI, new report says

SoftBank is making a significant $500 million investment in OpenAI, highlighting the growing signif…

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4 mins read

OpenAI is just one piece of the puzzle in SoftBank's grand vision for AI

With a bet on OpenAI, Masayoshi Son will add another piece to the puzzle as he looks to bring sever…

Hasan Chowdhury   


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1 min read

Nvidia stock is undervalued because AI companies need to spend another $9 trillion to achieve superintelligence, Softbank CEO says

Masayoshi Son believes artificial superintelligence will be achieved in 2035, and will require huge…

Matthew Fox   


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2 mins read

View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned

View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…

Hayley Cuccinello   


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1 min read

Fidelity further marks down Meesho's valuation to $3.5 billion

Global investment firm Fidelity has further marked down the value of its holding in social commerce…

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1 min read

SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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1 min read

Meesho posts first-ever quarterly profits in FY24, claims to be the first profitable e-commerce unicorn in Q2

Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated p…

PTI   


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2 mins read

FirstCry's parent firm Brainbees Solutions gets Sebi's go ahead to float IPO

These companies -- who filed their preliminary IPO papers with Sebi between January and May 2024…

PTI   


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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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2 mins read

OYO withdraws DRHP, to refile IPO post refinancing: Sources

Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…

PTI   


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Softbank-backed Saas platform Unicommerce registers 50% revenue growth in FY23

Softbank-backed SaaS platform Unicommerce has registered a 50% growth in revenue driven by onboardi…

PTI   


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Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank

SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…

Hasan Chowdhury   


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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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4 mins read

Paytm stock searches for a new bottom despite assurances by the management

The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…

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1 min read

SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery

Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 cror…

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IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: Report

FirstCry CEO has also listed himself as a selling shareholder in the public issue, according to the…