Billionaire Masayoshi Son, founder and CEO of Japanese multinational investment company SoftBank Group, is one of the richest ...

Alibaba has shifted its focus to artificial general intelligence, or AGI.The Chinese tech giant recently reported an 8% rise in quarterly revenue, boosting its stock price.Alibaba plans to invest $53 ...

The chief executive of Indonesian tech giant GoTo has not ruled out merging with rival Grab as he revealed the company’s ...

OpenAI plans to charge up to $20,000 monthly for AI agents tailored for various tasks. SoftBank committed $3B in investment.

In 2011, the company transferred the ownership of Alipay to a new company (now called Ant Financial, which is 33% owned by Alibaba) without the approval of key shareholders Yahoo and SoftBank.

SoftBank Group and its subsidiaries will act ... Goto clarified that while losses in Alibaba shares reached ¥377 billion, derivative gains of ¥686 billion offset this, leading to a net positive ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SoftBank’s founder Masayoshi Son is known for chasing the next big thing. Some of his big bets on tech ...

SoftBank Group invests in an array of companies ... Investment gains were recorded in its holdings in Chinese e-commerce company Alibaba; Coupang, a South Korean retailer based in the U.S ...

the CEO of major AI investor SoftBank, said earlier this month that he expects AGI to arrive "much earlier" than his late-2024 forecast of two to three years. Wu's statement came after Alibaba ...