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SoftBank to build up AI data centres in France with major investment
SoftBank to build up AI data centres in France with major investment PARIS, May 30 : Japan's SoftBank Group will invest €45 billion over the next five years in a push to build up artificial intelligence infrastructure in France, founder Masayoshi Son told the paper La Tribune Dimanche in an interview published on Saturday. Son said the investment, described as the biggest of its kind so far in Europe, would be made in the northern Hauts-de-France region. The overall sum SoftBank intends to...
Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm
Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm TOKYO, June 1 : Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related shares, as startup investor SoftBank Group overtook Toyota Motor to become the country's most valuable company. The Nikkei climbed 1.1 per cent to enter the midday recess at 67,038.24, after pushing as high as 67,231.28. SoftBank was by far the biggest support for the index, jumping...
Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm
Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm TOKYO, June 1 : Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related stocks, as startup investor SoftBank Group overtook Toyota Motor to become the country's most valuable company. The Nikkei climbed as much as 1.4 per cent to touch a record 67,231.28 before ending the day with a 0.9 per cent gain at 66,934.33. SoftBank was by far the biggest support for the Nikkei,...
'Creating thousands of high-skilled jobs': SoftBank to invest €75bn in French AI data centres
The project is SoftBank Group's largest AI infrastructure investment in Europe. Once completed, its planned 5 GW capacity would make it Europe's largest data centre project as the region seeks to expand AI infrastructure and compete with the US and Asia. Japanese technology investment group SoftBank announced plans to develop and operate 5 GW of AI data centre capacity in France, in an investment worth €75 billion.
SoftBank plans 75 billion euros of AI investments in France, as Europe struggles to catch up with U.S. and China
Japan's SoftBank Group plans to invest 45 billion euros ($53 billion) over the next five years to build artificial intelligence infrastructure in France, the company said on Sunday. The tech giant said the commitment is part of a 75-billion-euro program to roll out 5 GW of AI data center capacity in France. Softbank said the initial phase of the plan involves building 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031, including in Dunkirk, Bosquel and Bouchain.
SoftBank Group beats Toyota, becomes Japan's most valuable firm; CEO can thank Sam Altman
Tech investing giant SoftBank Group has dethroned Toyota to become Japan’s most valuable company, ending Toyota’s over 20-year streak at the top of the Japanese market, signaling a chang as investor enthusiasm moves from traditional manufacturing to the artificial intelligence (AI) sector. The Masayoshi Son-led firm has invested heavily in OpenAI, the maker of ChatGPT. SoftBank shares skyrocketed more than 14% this week to close at an all-time high, driving its total market valuation to a...
SoftBank shares plunge 10% amid broader tech sell-off
Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector. Other Asian tech giants also saw their share prices fall. While the Japanese investment giant recently overtook Toyota Motor as Japan's most valuable company, there are market concerns over SoftBank's high-risk bets on AI, even as its share price has risen about 70% year-to-date on investor enthusiasm over the new technology.
AI is designing OpenAI's next model in a sign of 'super intelligence': SoftBank's Masayoshi Son to CNBC
OpenAI's next model is being designed by another model in a sign that AI is reaching "super intelligence," SoftBank CEO Masayoshi Son told CNBC. The billionaire's comments come amid a warning from Anthropic that AI development may need to be slowed down to deal with the implications of the rapid pace of improvement. Son runs SoftBank, one of the world's biggest tech investors and one of the largest OpenAI shareholders.
SoftBank Set to Dethrone Toyota as Japan’s Most Valuable Company
Signage for SoftBank Corp. displayed at a store in Tokyo, Japan, on Monday, May 11, 2026. SoftBank Group Corp. is scheduled to release earnings figures on May 13.
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports June 10 : SoftBank Group's talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on Wednesday, citing sources. The company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a later stage.