SoftBank Corp
softbank.jp
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Overview
SoftBank Corp is the Japanese telecommunications and technology operator that runs one of the three national mobile networks. Beyond connectivity it builds enterprise digital services, artificial intelligence computing infrastructure and consumer platforms including PayPay and Yahoo Japan through its group companies. The company is a core operating business of the wider SoftBank Group.
News
SoftBank may acquire 1X, an OpenAI-backed robotics start-up
SoftBank is negotiating to acquire a majority stake in OpenAI-backed humanoid robot developer 1X Technologies, valuing the innovative startup at approximately $6 billion.
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SoftBank eyes up to $20B bonds for $40B OpenAI loan
SoftBank Group is exploring a $10-$20 billion bond offering to refinance a $40 billion loan tied to its $65 billion investment in US tech giant OpenAI.
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SoftBank sells Lenskart shares worth Rs 2,888 crore, aggregate returns at 5.7x
This is SoftBank's second large block sale in Lenskart since the six-month lock-in for pre-IPO investors expired in May. In June, it sold a 3.25% stake for Rs 2,873 crore at Rs 508.55 per share. It had earlier sold shares worth Rs 1,026 crore through Lens
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